Possible Changes to Taxation on Your Luxury Yacht Charter

The French VAT application to charters is about to change – this is due to the Bacino decree, which now specifies that any ‘pleasure’ charter has to be taxed. In France, the VAT to be applied to charters is 19.6% of the charter fee; however this can be reduced, depending on the amount of time the yacht spends in French waters. There can be a 50% VAT reduction based on how long the yacht spends in international waters. So, a charter which starts in France, but spends a certain amount of time in international waters, will only have a taxation of 9.8%.

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The application of VAT to charters is currently under discussion, and depends on the boat’s ‘International Waters’ qualification. To define this qualification, the following criteria have been proposed in order to define the yachts:

– More than 15 metres in length
– Registered as a commercial vessel
– Permanent crew on board
– Spend more than 70% of its charters in international waters – this is classed as more than 12 nautical miles from the coast.

A vessel qualified as a ‘High Sea Vessel’, one that travels in to international waters, will have 0% VAT, whereas a vessel without this qualification will have a payment and recovery system for VAT.

These proposals are only proposals; they still have to be agreed by French authorities and the European Commission. If accepted, they shall be applied in June 2013. It has been requested that any charter contract signed before this date will not be affected by the new tax regulation.

So, are you looking to book your summer charter on the French Riviera? At www.boatbookings.com, we welcome everyone from sailing professionals to complete novices and will help you at every step of the way to make your dreams a reality. We have a team of highly skilled professionals who are extremely knowledgeable in their destinations and will be able to help you with any questions you may have.

Watch this space for the latest industry show releases, news and gossip in the yachting world. If you liked the content on this page and our previous posts, please become a fan and like our Facebook page to receive up to date information on our publications. Follow us on Twitter and Google Plus too.

Posted on March 5, 2013 by admin — No Comments ↓

The Fun Never Stops! Your Luxury Yacht Charter on WILD THYME.

Are you interested in exploring the French and Italian Riviera? The best way to explore the highlights of these beautiful coasts is by boat – no longer held up by traffic jams, when you’re out at sea you can just cruise on by. If you are looking to charter a yacht, a popular choice among the Boatbookings team is WILD THYME, an impressive Benetti Classic 120.

Accommodating up to 10 guests in 5 cabins, WILD THYME is available to charter at 105,000 € per week. With 3 double cabins and two twin cabins which are all en suite, the interior offers the utmost in luxury and glamour. With marble bathrooms and gorgeous furnishings, where better to get a good night’s sleep? With a crew of 7, who are lead by the experienced Captain Peter van Houweninge, they will ensure that your every need is met, and their service goes beyond expectations.

If you think the interiors are luxurious, the deck space is just as impressive! Offering opportunities for al fresco dining on multiple deck levels, and a bar on the fly bridge you will be spoilt for choice as to where you want to enjoy a meal or drink with your friends. With ample sun loungers and a jacuzzi, relax and enjoy the sun while enjoying the beautiful views that the Riviera has to offer.

At www.boatbookings.com, we welcome everyone from sailing professionals to complete novices and will help you at every step of the way to make your dreams a reality. We have a team of highly skilled professionals who are extremely knowledgeable in their destinations and will be able to help you with any questions you may have.

Posted on March 4, 2013 by admin — No Comments ↓

LA MASCARADE – Your Luxury Yacht Charter to Explore the Mediterranean!

LA MASCARADE, a fantastic Feadship 98, is available for your charter around the French and Italian Riviera. Whether you want to see the sights of St Tropez, moor in Monaco or cruise around Corsica, LA MASCARADE will take you there! Accommodating up to 8 guests in 4 cabins, she is available to charter from 45,000 € per week.

LA MASCARADE has smooth exterior lines and comes with an air of elegance. All 4 of the double cabins are en suite, and you are sure to get a great night’s sleep! The interior is bright and spacious, with whitewashed oak and light furnishings. The large windows in the main saloon ensure that it is light and airy when you step inside. But you don’t want to spend all your time inside! The sun deck and flybridge offer great opportunities for any sun worshippers – there is plenty of space for relaxing and space to seat 12 for a spot of al fresco dining.

At Boatbookings, we welcome everyone from sailing professionals to complete novices and will help you at every step of the way to make your dreams a reality. We have a team of highly skilled professionals who are extremely
knowledgeable in their destinations and will be able to help you with any questions you may have.

Posted on February 28, 2013 by admin — No Comments ↓

Spend your Easter Holiday or Spring Break on a Luxury Yacht on the French Riviera!

Are you looking for some time off this spring? Head to the French Riviera for the perfect Easter getaway on your luxury yacht charter. Whether you’re looking for a day trip around Cannes or St Tropez, or a week cruising the French coast, we have plenty to offer you! The temperature in the south of France rises as spring approaches, so it is the brilliant for those who are seeking warmer climates, and a great time of year to be active outdoors. So, if you fancy exploring the Riviera this Easter, JEEL II would make a fantastic choice. Accommodating up to 8 guests in 4 cabins, JEEL II is available to charter from 40,000 € per week.

JEEL II, a fantastic Sunseeker 80, is beautifully furnished. The

master cabin in en suite with a king size bed and walk-in wardrobe,
and the VIP cabin with a queen size bed also has these facilities. The two twin cabins also have their own bathroom facilities, and one of the twins can be converted to a double bed if desired. The flybridge and aft deck offer plenty of space for some al fresco dining, sun loungers and a barbecue. And if you want to feel the wind on your hair while you’re cruising, head to the front where you can recline on the sun cushions and watch the world go by.

Are you interested in chartering on the French Riviera? At Boatbookings, we welcome everyone from sailing professionals to complete novices and will help you at every step of the way to make your dreams a reality. We have a team of highly skilled professionals who are extremely
knowledgeable in their destinations and will be able to help you with any questions you may have.

Posted on February 26, 2013 by admin — No Comments ↓

An Insight into Monaco Grand Prix on a Luxury Palmer Johnson Yacht Charter!

After our recent posts on Monaco, we are getting extremely excited for this years Monte Carlo Grand Prix. If you have never been to the event before, get ready for the most prestigious race in the motor sport world. High speeds, tight corners and the lavish setting have made the Monaco Grand Prix one of the most sought after spectacles in the world, which is made even better from a private luxury yacht charter!

BLUE ICE is a real head turner and still has availability for the F1 Monaco Grand Prix 2013. She is sporty, sleek, and elegant Palmer Johnson, accommodating up to 10 guests in 5 luxurious cabins. Whether you want to take your closest friends and family or colleagues and suppliers, everyone will be amazed by this incredible yacht. Her interior combines beautiful furniture with open-plan entertaining spaces, as well as having spacious decks and a magnificent jacuzzi. We recently came across this video footage of some of the best races in the Grand Prix’s history. Make sure you are at this years event, which is bound to excite and create even more memories!

Are you interested in chartering on the French Riviera? At www.boatbookings.com, we welcome destinations and will be able to help you with any questions you may have.

Posted on February 22, 2013 by admin — No Comments ↓