I had free circulation pre-Brexit? What about now?

The team answer our most commonly asked question of 2021 to date.

I had free circulation pre-Brexit? What about now?

30 Apr, 2021

The impact of Brexit on the free circulation status of your aircraft will depend entirely on the circumstances of the aircraft and how it operates. There is almost no official guidance from either the EU or the UK government on the subject, apart from on the transitional arrangements, which has led to much debate between advisers on the options to use, including to what degree the Returned Goods Relief provisions can be used to resolve aircraft status post Brexit.

Given the high value of aircraft and the high risks involved, Martyn Fiddler Aviation have taken Counsel advice and would strongly urge you to seek tax advice from an experienced advisor specialising in aviation. Taking expert advice will help you understand your obligations and determine the necessary steps to take (if any) to meet those obligations.

Related documents

For a greater understanding of the impact of Brexit on aviation please refer to our recently updated eBook Business Aviation from 1 January 2021 .

Watch our Brexit webinar series here.

For guidance on How to keep your EU or UK import status post-Brexit please refer to our Returned Goods Relief RGR article.

If you have any questions regarding the free circulation status of your aircraft please do not hesitate to contact heather.gordon@martynfiddler.aero

The team answer our most commonly asked question of 2021 to date.

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

Five Signals Shaping the Future of Yacht Ownership

Five Signals Shaping the Future of Yacht Ownership

Over four days, Ian Petts and Tim Harris attended the 2026 Cannes Yacht Festival, and it provided something far more valuable than a showcase of new yachts. They provide a real time view of the forces shaping ownership, investment and decision making across the global...

read more
The Isle of Man YET Scheme

The Isle of Man YET Scheme

A smarter approach to asset utilisation. The Isle of Man Ship Registry's introduction of the Yacht Engaged in Trade (YET) Scheme marks a significant step forward for owners seeking greater flexibility from their high value assets. Designed for private yachts of 24...

read more