International Transactions

BlackStar VAT Services has particular expertise in the area of international trade. Assistance can be provided to ensure that supplies of goods or services within the EU and across the EU border are treated correctly. Changes to the rules for services in 2010 and increased compliance in cross-border trade mean that businesses will have to focus ever more on this complex area.

Yacht Services

When considering the purchase of a yacht, VAT is an important cost to factor into any budget. Once a decision has been taken as to whether the yacht will be used for charter or for private use, BlackStar can assist in reducing the VAT burden. With significant industry contacts, BlackStar can advise on the implications of purchase, ownership, registration, refit and finally the sale of the yacht.

BlackStar can also advise on suitable partner firms to approach, providing independent oversight in the practical implementation of any ownership arrangements and will continue to be involved to ensure that the yacht ownership arrangements remain appropriate for you.

This “cradle to grave” approach by BlackStar is typical of the complete service approach by the BlackStar group.

Please follow this link to our Yacht Services brochure for more information.

BlackStar VAT Services

VAT is often seen as the “Cinderella” tax, often overlooked by advisors and clients alike.

The vast majority of business transactions undertaken in the EU will find themselves subject to VAT. Those that escape the VAT net do so only because VAT law permits an exemption or considers VAT somehow not applicable. There is now a mine-field of legislation in some areas of VAT. Businesses have sometimes to consider UK VAT law – including complex anti-avoidance provisions – EU VAT law and VAT cases, not just from the UK Courts but also from the European Court of Justice.

BlackStar can provide a guide though this VAT maze.

Down to Earth Advice

On a practical level, there is an ever increasing focus by the Tax Authorities across the EU on compliance and this should not be overlooked. Recent changes to the penalty regime in the UK and a complete overhaul of the UK Tribunal system may leave businesses unaware of the consequences of non-compliance and the means to remedy any fall-out from a VAT inspection.

BlackStar’s consultants experience working both within Customs and as advisors to professional firms can assist our partners and their clients by providing support for this often overlooked tax.

Further Information

International VAT structuring
Yachts and VAT
UK VAT enquiries
Complex VAT issues

For more information about how we can help you with any of your VAT concerns, contact us today.

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