Yachting Monthly

Long-term cruisers could face second VAT bill after Brexit transition period ends

News editor

Sailors have accused the Government of unfairly taxing long-term cruisers after HM Revenue and Customs (HMRC) announced that UK boat owners who have cruised continually in Europe for over three years without returning to the UK have until the end of 2021 to bring their vessels home or face paying VAT and import

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