Sardinia Luxury Tax on Mediterranean Yacht Charter Vessels Abolished

Posted by admin
“Spanish IVA (VAT) remains at 21% – nearly double the typical fees found in other EU countries,” states Jana Sheeder, President of SailAway Yacht Charters and 1-800 Yacht Charters. Sheeder adds, “A myriad of permits and registration requirements makes it difficult for charter vessels to commit to cruising in Spain.Without Spanish registration, these yachts cannot begin and end a charter within Spanish waters. So the combination of administrative burdens and high IVA keeps most charter yachts out of Spain.”
Sheeder explains,“The tax has not been eliminated. The Ministry was careful to use the words, ‘Ceased to be applied.’ While we expect the Spanish Parliament to vote in favor of the Ministry’s position on the matriculation tax, there is no guarantee that a future administration won’t vote to reinstate it.”
Still, the abolishment of the matriculation tax is a step in the right direction. Parliament’s approval is expected within the next few months and the new exemption should be in place in time for the summer 2014 charter season.
This entry was posted in News Educational and tagged Spain yacht charter, VAT, Balearic yacht charter, IEDMT (Impuesto Especial sobre Determinados Medios de Transporte), matriculation tax, IVA, what is VAT, SailAway Yacht Charter Consultants, luxury yacht charter tax, Jana Sheeder, president of 1-800 Yacht Charters
Posted on
Today we shine the spotlight on the Abeking & Rasmussen yacht EXCELLENCE V. She is the 5th vessel in an eponymous line of highly successful superyachts.
German-built, this 60 meter lady combines elegant design with a sense of space. She stretches far beyond her physical dimensions. Indeed, the interior volumes of motoryacht EXCELLENCE V are far more common on Mediterranean yacht charter vessels in the 70 to 75 meter range. She is a beautiful yacht who delivers The Superyacht Experience™ by 1-800 Yacht Charters to discerning clients.
The owner turns to London based Reymond Langton Design to develop a special design approach. For instance, where space is optimally utilized to meet charter guests’ needs. This approach is most evident within the guest staterooms. The master is located on the upper deck. In addition, more staterooms are situated on the main fore deck. These sleeping quarters offer interesting concepts. For example, large windows, spaciousness, and easy accessibility.
The exterior of the yacht embodies the sense of space provided in the interior. Her sleek lines, navy blue hull, and white superstructure portray a classic style with a contemporary feel.
Architecturally, major design amenities include:
A further example of the yacht’s reverence to flexibility and comfort is the tender launching area, which can be directly accessed from the double suite aft of the master stateroom [perfect for discreet getaways, without disturbing other onboard guests].
Overall, her interior style is sophisticated and grand. A central elevator connects all five decks, while a spiral staircase provides access to each interior level. Glossy dark wooden wall panels frame the staircase, and natural stone floors complete the elegant feel.
Throughout the saloon and living spaces, soft upholstery and cushions, and curvy furniture are blended together in colors of grays, light beige and hints of red.
The same colors, warmth, and intimate feel of the interior flow outward to the exterior lounge areas. Here L-shaped couches actually face outward, allowing guests to enjoy the sweeping panorama from the uncluttered deck areas.
A favorite deck area is the privacy deck directly outside the master stateroom. Here, the guests can enjoy impressive views from either the large cockpit or the private Jacuzzi tub. Adjacent lounge pads turn this oasis into a private sun deck for the lead charter guests.
For social gatherings, the yacht offers a wonderfully-appointed sun deck featuring a Jacuzzi tub, wet bar, sun pads, and intimate cockpit area.
For active charterers, the yacht holds 4 sets of SCUBA gear (for rendezvous diving), waverunners, SUPs (Stand Up Paddleboards), kayaks, SeaBob, a water trampoline, and many other water sports toys.
Possibilities are endless onboard Abeking & Rasmussen superyacht, EXCELLENCE V. Charterers will simply be amazed by the space, elegant design, and the variety of options for fun and relaxation.
This entry was posted in Yacht Charter News Yacht of the Week and tagged Abeking & Rasmussen, yachtcharter, the superyacht experience, beach club, A&R, Excellence V, massage room, superyacht charter, The Superyacht Experience(tm)
Posted on
Recent Comments