VAT Rates
COMMERCIAL BOATS AND SHIPS (Services relating to vessels and aircraft)
Rate
Zero rated: 0%
Remarks
Zero rate applies to supply of sea-going vessels more than 15 tons used for:
(i) the carriage of passengers for reward
(ii) the purposes of a sea fishing business
(iii) other commercial or industrial purposes, or
(iv) rescue or assistance at sea.
Value-Added Tax Consolidation Act 2010 (VATCA 2010) Ref
Section: 46(1)(b) Schedule: 2 Paragraph: 4(2)