With the likelihood of the UK’s transitional arrangement with the EU not being extended beyond 31 December 2020 or any other deal being agreed between now and then, it is necessary, as a matter of urgency, to consider how a ‘no deal’ exit will affect individuals and their assets. In this article we look at how taxes on moving yachts and private aircraft between different jurisdictions may arise from January 2021.
Source: withersworldwide.com