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Chartering your boat

Printed From: Yachts and Yachting Online
Category: General
Forum Name: Insurance
Forum Discription: Questions and answers related to this topic
URL: http://www.yachtsandyachting.com/forum/forum_posts.asp?TID=11211
Printed Date: 23 Oct 17 at 3:42am
Software Version: Web Wiz Forums 9.665y - http://www.webwizforums.com


Topic: Chartering your boat
Posted By: Towergate_Insurance
Subject: Chartering your boat
Date Posted: 15 Nov 13 at 2:52pm
Have you ever thought about chartering your boat to cover costs or simply to make a bit of extra money? Read our guide to find out what you'll need to do before letting some one else loose with your craft. 

http://www.towergateinsurance.co.uk/info-zone/boat/chartering-your-boat/?utm_source=Y+and+Y+forum&utm_medium=Forum&utm_campaign=Charter+article+Y+and+Y" rel="nofollow - Chartering your boat





Replies:
Posted By: sampeeter
Date Posted: 08 Jan 15 at 12:35pm
Are you planning on chartering it as an individual or as a new company or as a part of an existing company? Are you going to VAT register?

Also are you planning to get the charters in yourself or make it available to existing charter companies?

How much as a percentage will be private use and how many actual days of private use?

The answer to these questions will determine the best way to go forward and, believe me, you better have the answers before your go trying to reclaim VAT!

Take lots of advice on the financial side BEFORE you buy the boat.

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