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VAT mitigation on substantial purchases |
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Who is it for?
Footballers, captains of industry, playboys...infact any prospective purchasers of Super Yachts, Aircraft and Exotic cars.
What does it do?
Significantly reduces the cost of their purchase by eliminating VAT on the purchase price.
Suitable for assets in excess of £500,000
How Does it Work?
Despite EU VAT harmonisation, there remain subtle differences between the treatment of VAT inputs and outputs between different member states. The plan 'vaporises' the VAT by carefully structuring the acquisition of the asset across different borders. Cost
Approximately 5% of the purchase price - i.e .reduces the effective cost of the asset by 12.5%
Risks
Tax Risk - Medium / Low - Supported by leading Accounting firm and Counsel. Investment Risk - n.a.
Case Study - Click here to see how a client saved £200K VAT on the purchase of a her yacht.
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