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blackcat 06-14-2016 11:55 AM

Not paying GST in Australia
 
Hi I am trying to gather some facts regarding changing a boat registration from Australian to UK or cook island.the boat was purchased new in France and registered under an Australian flag.
My question is, if the boat is not Australian registered,but one of the above, will I have to pay GST,or how long am I allowed to stay in the country before I have to leave and how long do I have to be out before I can return.
Does any one know how any of this works or where I can get reliable info .
Thanks in advance



















.

haiqu 06-15-2016 08:31 AM

Reliable information? Probably a call to the Australian Tax Office is the only way you'll get that. However, as I understand it:

1. Australian registration usually tells you that the yacht was either built or bought new in Australia. In this case it appears that the owner was Australian but bought the yacht outside the country.
2. If the yacht has never been to Australia then GST is applicable on import, unless it has been paid previously. If you never bring the yacht to Australia then GST won't apply.
3. The yacht could still visit Australia without paying GST as long as the intention was to leave again. I'm not sure how long you could get a "temporary import" for but it's probably the same as for visiting yachts from anywhere else.


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