Be Prepared for 31 December 2020

In 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.

Be Prepared for 31 December 2020

16 Sep, 2020

In 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.

We hope this article will help to answer any questions you may have at this point. The message here is to take tax advice as early as possible. Martyn Fiddler Tax will be able to advice and our team of experts will be able to assist you with best solution for you.

Please get in touch if you have any questions or request further information about our post Brexit solutions.

In 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.

LinkedIn

Follow us on LinkedIn to stay up to date with all our latest news and events.

YouTube

Subscribe to our channel to watch our webinar series and IOM Aviation Conference videos.

Latest Posts

The Martyn Fiddler Annual 2025

The Martyn Fiddler Annual 2025

Our priority is to highlight the trends shaping business aviation, helping customers and the wider industry learn from the past and plan ahead. 2025 was meant to be the year of stability after three years of pandemic turbulence. But in an industry wrestling with...

read more
Proposed 33% VAT on French Yacht Sector

Proposed 33% VAT on French Yacht Sector

Adopted by French Assembly amid industry warnings of economic harm but unlikely to be enacted. In late October 2024, a controversial legislative proposal to significantly increase the Value Added Tax (VAT) on luxury nautical assets in France was decisively rejected...

read more
Air Passenger Duty Reform

Air Passenger Duty Reform

What it means for business aviation and private jet travellers following the November 2025 United Kingdom government budget announcement. Air Passenger Duty (APD) is the UK’s long standing departure tax applied to passengers flying out of UK airports. Historically...

read more