Deal or No Deal
How Brexit will impact Business Aviation and what to do about it
All NewsHow Brexit will impact Business Aviation and what to do about it
All NewsA deep dive into TA and the Netherlands Navigator
All NewsPrime Minister Boris Johnson failed to announce any outcomes of the negotiations between the UK and EU. As a result, Martyn Fiddler Aviation turned their attention to their second webinar 'Your Business Jet Blueprint for Brexit'
All NewsUnderstanding the Options Available for Business Aircraft Owners
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ResourcesUnderstand all the legal, registration, and tax issues associated with aircraft transitions and returns.
ResourcesThere are few other assets that are as intricate and complex as aircraft.
ResourcesIn less than 4 months’ time the UK will leave the European Union (31 December 2020). At the time of writing there is no agreement in place to determine what the status of goods (including business aircraft) imported into the EU (including the UK and Isle of Man) before 31 December 2020 will be.
In the newsletter attached Martyn Fiddler Aviation outline the list of possible results, explaining the impact of each scenario and the work that will be requested of aircraft owners in order to remain in free circulation in both the UK and the EU.
In this short article we will ask ourselves what leaving the EU with or without a trade deal could mean for the VAT status of business aircraft that have been imported into the UK or the EU, consider whether or not aircraft they will lose their imported status, and explain what action will need to be taken in the event of each scenario.
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