The following Value Added Tax guidance note Produced by Tolley provides comprehensive and up to date tax information covering:
IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marked theend of theBrexit transition / implementation period entered into following theUK’s withdrawal from theEU. At this point in time, key transitional arrangements came to an end and significant changes began to take effect across theUK’s VAT and customs regime. This document contains guidance on subjects potentially impacted by these changes. Before continuing your research, see theBrexit — overview guidance note.
This guidance note provides an overview of thezero-rating provisions that apply to theconversion, maintenance, modification and repair of aircraft, ships and their parts. This note should be read in conjunction with theAircraft and ships ― supplies of aircraft and ships guidance note.
Maintenance includes thefollowing types of services:
ships laundry that is not of a personal nature for thecrew or passengers
tests of components and parts
Modification and conversion includes thefollowing types of services:
structural alterations to thevessel
The following provides an overview of theVAT treatment of themain types of modification, maintenance and conversion works that could be undertaken in connection with a vessel.
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