The following Value Added Tax guidance note Produced by Tolley provides comprehensive and up to date tax information covering:
This guidance note provides an overview of the zero-rating provisions that apply to the conversion, maintenance, modification and repair of aircraft, ships and their parts. This note should be read in conjunction with the Aircraft and ships ― supplies of aircraft and ships guidance note.
Maintenance includes the following types of services:
ships laundry that is not of a personal nature for the crew or passengers
tests of components and parts
Modification and conversion includes the following types of services:
lengthening the vessel
structural alterations to the vessel
The following provides an overview of the VAT treatment of the main types of modification, maintenance and conversion works that could be undertaken in connection with a vessel.
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