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 VAT treatment of houseboats.
From a VAT perspective, a houseboat is a floating structure which meets the following criteria:
it has been designed or adapted for use solely as a place of permanent inhabitation
it does not have the means of, and is not capable of being readily adapted for, self-propulsion
Self propulsion means a vessel that is either:
not independently propelled but could be readily adapted by installing an engine, propeller or mast, etc to be capable of 'self-propulsion'
Therefore, it is unlikely that HMRC would consider that a yacht, narrow boat or a barge would be a houseboat for VAT purposes because they could be readily adapted for self-propulsion.
If a business sells a houseboat or it is let on hire for towing away to a mooring of the p
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