Martin Kennaugh is head of aviation at Martyn Fiddler Aviation and is based in the Isle of Man. Martin joined the ICM Group in 2007 and quickly developed ...Contact Martin Kennaugh
"We're not from Europe, so why does EU VAT affect the company aircraft when we are in the EU?"
The very simple answer is that the way the aircraft is operated/owned or the type of passengers on board may affect the VAT treatment of the aircraft in Europe. With potential tax penalties being so high its best to talk to a Tax Advisor not just an advisor who has an opinion on tax!
Speak to our tax expert Adrian Jones at firstname.lastname@example.org or call +44 1279 810027