Liverpool 26th March 09

[Sabreliner]

G-SJSS CL605 has arrived 09:05 and is due out around 17:40.
Due later
G-ZJET C510 Mustang due around 12:00 & due out 13:45 (it is believed to be a replacement for DA42 G-CDTG, a semi based machine).

[md69]

The DA42 is registered to an address in Denmark; the Mustang to Andorra. The owner of the Mustang though is a solicitor with offices in Runcorn & Warrington.

[Deleted]

It is not unusual to register / import through Denmark due to the 0% VAT levied on aircraft.

Isn't Andorra another tax haven ?

[md69]

Probably is, but both the DA42 & Mustang are British registered, so are surely subject to British VAT laws, regardless of the registered address?

[ronturner]

Further to "Hawker's" reply, the 0% vat rate is a well known loop hole which will be closed up at the end of this year, (probably)The country of registration is not important. It is the place of RESIDENCE which applies, and the place of RESIDENCE for aircraft in these situations is a solicitor in Denmark, very well known for his work in this field. Denmark has a 0% vat rate for the purchase of aeroplanes. I dont know exactly how it works, but I know that an aircraft must be classed as "used" before it leaves Demark to retain its 0% vat rating in another EU country. So, they must remain with the Danish Address for about 6 months before the UK residential address can used . (The country of Registartion is not the same thing. I live in France but have a G registered aeroplane.) Following protests from other EU countries, the Danish have agreed to close this loophole, but the solicitor concerned is said to have found another route to low VAT.

[Deleted]

MD69, country of registration is not important A private individual from the EU can choose which country he wants to import his aircraft into.

Its first point of call in the EU must be Denmark (I believe G-ZJET was delivered through there yesterday ). If the aircraft had fuelled stopped in Scotland, for example, it would result in it having to be declared in the UK.

Ron, the scenario I think you are referring to relates to EU built aircraft like the DA42. Aircraft must be three months old and have 40 hours 'on the clock'. I think then they are 'sold' between two
Danish companies.
This loophole is likely to last until 2010 now !

[md69]

Cheers guys. ZJET was delivered through Aarhus yesterday,so that would explain it.

[Biggles]

I bet this Solicitor also finds drink driving and other motoring prosecution loopholes

[tonyspeke]

FlyBe G-ECOH is Isle of Man based again. ACARSD shows it operating BEE607/608 this evening.

[md69]

So does SBS, and it entered my logbook inbound on the 607 :-)

[Deleted]

Assume the Mustang didn't make it today - still in Toussus ?