Having checked with my accountant, the SP on VAT in the UK is:-
1. If purchased privately with out access to a UK VAT registration number, the
supplier must invoice the VAT at the rate pertaining in his country.
2. If purchased by a VAT registered UK company their VAT rate will apply.
So! If you own a UK VAT registered company, let it buy the prop for you, then
buy
it off your company at the UK (17.5%) VAT rate. Otherwise, Kremen have no choice
but to invoice you at their domestic VAT rate (19%). The difference is only
=A330.00, so you may not worry about it.
Thus your SR2000 variable pitch prop. plus the MCS constant speed controller
etc.,
will cost 2660 Euros plus 505.4 Euros. Totalling 3165.54 Euros.
In English =A32000 (rounded). I do not know if VAT is charged on exports to none
European countries.
I will just dunk my head in cold water now, and have a stiff gin.
Best regards! Bryan
|