The Inland Revenue have recently clamped down on this area due to the large number of illegitimate schemes being operated by opportunistic owners trying to set themselves up as a company because they charter their boat out once or twice a year. Needless to say many applications are being turned down and it is now much harder to gain VAT status for this type of activity. However as we are an established company we are able to help you in this area and with specialist advice and all our owners have been able to achieve this meaning massive savings.

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