Expert Witness Services – Available from European Marine Services Ltd

  Similar Vessel

We are currently representing a private client in respect of the following question ……..

HM Revenue & Customs – Qualifying ship for zero-rating VAT purposes per Value Added Tax Act 1995, Schedule 8, Group 8, Item 1 and legal note A1 (a)

A ‘qualifying ship’ is defined as a ship which is not less than 15 gross tons and is neither designed nor adapted for use for recreation or pleasure

Questions to be addressed:

2.2.1    Is the vessel designed exclusively for pleasure or recreational purposes

2.2.2    Does the vessel exceed the 15 gross ton HMRC stipulation

2.2.3    Do I believe that the vessel has been designed to use as a home

Watch this space for further news and updates

For more information contact European Marine Services Ltd                                                (inc European Marine Surveys) 01603 327 123               www.europeanmarinesurveys.com

Attention Boat Brokers / Sellers & Buyers – Sale Particulars

For Sale in Essex

We are currently representing a private client who sold his boat through a yacht broker, whereby the ‘boat specification’  ie what was sold with the boat and what was actually present (viewed) on the boat, but not part of the ‘sale agreement’  is in dispute

The first lesson to be learnt is that when selling or buying – detail / list all items included in the sale

Moving on the buyer having taken delivery of the boat subsequently suffered some damage when mooring.

The claim is that had the missing equipment (thought to have been included in the sale) been available on the boat at time of mooring, then the vessel would not (possibly) have suffered damage

All this is open to dispute and argument, however when selling or buying make sure you get full information / detail as to what is or not included to avoid potential future and expensive litigation

Watch this space for further news and updates

For more information contact European Marine Services Ltd.  Marine Surveyors & Consultants

EMS also undertake Boat Safety Inspections

Tel : 01603 327 123        www.europeanmarinesurveys.com