These sectors have many VAT and customs duty reliefs available to them but a clear understanding of any related conditions is required to ensure the relief is used appropriately.
Aviation and Aerospace
Common areas we advise on include;
- VAT and customs duty for the airline sector – VAT zero rating, Inward Processing relief for engineering and catering /cleaning activity, Certificates of Airworthiness, End Use relief, Chicago Convention,
- VAT treatment of supplies of qualifying aircraft and ships and related activity
- Customs duty reliefs for the aerospace sector
- Global supply chain – VAT and customs duty of cross border activity including advice on importer of record, Incoterms and overseas VAT registration obligations
- Authorised Economic Operator (AEO) accreditation – assisting with applications and ensuring standards are maintained on an ongoing basis
- VAT and inflight retail arrangements for airlines
- Excise duty for airlines
