Tag: aviation taxes

Jet A-1 Fuel Uplifts in Europe – Part 2: Claiming Exemptions for Minimizing Costs, Taxes and Duties

Jet A-1 Fuel Uplifts in Europe – Part 2: Claiming Exemptions for Minimizing Costs, Taxes and Duties

There are options available for exempting Value Added Tax (VAT) and Mineral Oil Tax (MOT) on fuel uplifts in Europe. Applicable rules and requirements vary depending upon the country, airport and nature of your flight…

December 7, 2015 | 0 Comments More
Jet A-1 Fuel Uplifts in Europe – Part 1: Basic Considerations for Minimizing Costs, Taxes and Duties

Jet A-1 Fuel Uplifts in Europe – Part 1: Basic Considerations for Minimizing Costs, Taxes and Duties

Pre-planning fuel uplifts in Europe can significantly impact overall operating costs by minimizing impact of fuel taxes and duties. Depending upon where you uplift and your type of flight, fuel costs at some locations may be three times what they’d be at other locations…






November 30, 2015 | 0 Comments More
UK Value Added Tax (VAT): Ground Handling Charge Exemptions

UK Value Added Tax (VAT): Ground Handling Charge Exemptions

When business operators fly to the UK, there are opportunities to exempt Value-Added Tax (VAT) charges upfront. This can represent considerable operational savings. We find, however, that there’s often a lack of awareness of potential tax saving among operators who do not travel […]






October 21, 2015 | 0 Comments More
Update: Temporary Importation of Aircraft into the EU – New Developments

Update: Temporary Importation of Aircraft into the EU – New Developments

Following changes to the 2011 permanent aircraft importation rules, when the UK was brought into line with other European Union (EU) member states, there have been lots of questions on how best to import aircraft into the EU. Permanent importation is still very possible, and in some cases it is the best—and often the only—option. […]

May 4, 2015 | 0 Comments More
VAT Compliance Program for Europe: Part 2 – VAT Compliance Programs

VAT Compliance Program for Europe: Part 2 – VAT Compliance Programs

Various Value-Added Tax (VAT) compliance programs are available to general aviation operators. The benefit of these programs is to help manage VAT obligations and minimize VAT payments at the pump. Be aware, however, that not all VAT compliance programs are the […]






December 23, 2014 | 0 Comments More
VAT Compliance Programs for Europe: Part 1 – VAT Considerations

VAT Compliance Programs for Europe: Part 1 – VAT Considerations

Value-Added Tax (VAT) in Europe can significantly impact your operational costs while in the region. While many business aircraft operators reclaim VAT after the fact, this can be an expensive and lengthy rebate process. The best approach, when possible, is to exempt (or zero-rate) VAT at time of Jet A-1 fuel uplift […]






December 16, 2014 | 0 Comments More
Benefits of EU VAT Exemption Programs for Jet A-1 Uplifts

Benefits of EU VAT Exemption Programs for Jet A-1 Uplifts

With Value Added Tax (VAT) rates as high as 27% in the European Union (EU),there’s a significant benefit for business aircraft operators taking steps to exempt taxes at the pump on Jet A-1 fuel uplifts throughout Europe. While various VAT exemption programs exist, they’re all different in terms of countries covered and enrollment procedures. Due […]

December 3, 2013 | 0 Comments More
VAT exemptions on Jet A-1 fuel in Europe

VAT exemptions on Jet A-1 fuel in Europe

Value-Added Tax (VAT) exemptions on Jet A-1 fuel uplifts within Europe are possible for both charter (non-scheduled commercial) and private non-revenue business flights not operating for "leisure" purposes. Keep in mind that regulations and exemption rules vary country-to-country (especially for business [non-commercial] flights) and that there are a wide range of regulatory nuances to consider. […]

November 12, 2013 | 1 Comment More
Update: Managed Part 91 Aircraft and the "New" IRS position on FET

Update: Managed Part 91 Aircraft and the “New” IRS position on FET

As I wrote about previously, back on March 9, 2012, the Internal Revenue Service (IRS) chief counsel released new guidance affecting aircraft owners and lessees who contract with aircraft management companies to employ pilots and provide services on their behalf. In so doing, the chief […]






June 19, 2013 | 0 Comments More
VAT Exemption Programs for Aviation Fuel Purchases

VAT Exemption Programs for Aviation Fuel Purchases

In today’s economy, business aviation operators are looking to reduce operating costs whenever and wherever possible. The ability to exempt Value Added Tax (VAT) on aviation fuel purchases will save you an average of 19-20% on fuel uplifts in Europe, and this translates into dramatic operating cost savings over time. Operators must, however, do their […]

March 6, 2013 | 1 Comment More
Why Using an LLC to Own and Operate Your Aircraft Is a Bad Idea

Why Using an LLC to Own and Operate Your Aircraft Is a Bad Idea

Business aviation reminds me of religion: It has many traditions that are very slow to change, even when good reasons for change exist. One such tradition is using a “sole purpose” limited liability company (LLC) to own and operate a business jet. Despite widespread warnings by the National […]






December 26, 2012 | 1 Comment More
NBAA2012 Convention Update: Managed Part 91 Aircraft and the IRS position on FET

NBAA2012 Convention Update: Managed Part 91 Aircraft and the IRS position on FET

On March 9, 2012, the IRS Chief Counsel released new guidance affecting aircraft owners and lessees who contract with aircraft management companies to employ pilots and provide services on their behalf. In so doing, the Chief Counsel expressed an opinion that extended the application of the 7.5% Federal Excise Tax (FET) to […]






November 26, 2012 | 1 Comment More
FAQs When Obtaining Jet Fuel Quotes

FAQs When Obtaining Jet Fuel Quotes

When shopping for jet fuel for international trips, each business aircraft operator is driven by the value they place on convenience, service and price. Part of the shopping process is getting a fuel quote. Here is what you need to know to effectively obtain jet fuel quotes, as well as other considerations to keep in […]

September 25, 2012 | 1 Comment More
All About Temporary Importation of Business Aircraft into the EU

All About Temporary Importation of Business Aircraft into the EU

The alternative to permanent importation of aircraft into the EU is a temporary admission (TA), otherwise known as a temporary importation (TI). As a TA does have certain limitations, it’s important to work […]






August 14, 2012 | 3 Comments More
3 Must-Knows about Permanent Importation of Business Aircraft into the EU

3 Must-Knows about Permanent Importation of Business Aircraft into the EU

If you plan to operate through the European Union (EU) in a non-EU-registered aircraft with EU resident passengers or crew onboard, it’s important to evaluate options of either permanent or Temporary Admission (TA) of your business aircraft into the EU. There’s no one answer that fits all operations. EU taxation is a complex area, and operators are advised to […]






August 1, 2012 | 2 Comments More
6 Tips for Arranging Jet Fuel Uplifts in Australia

6 Tips for Arranging Jet Fuel Uplifts in Australia

For business aircraft operators planning a mission to Australia, with advance planning and understanding, navigating the fueling process is relatively straightforward. In general, longer-than- average advance notice is recommended when planning fuel uplifts at major airports. Fuel delivery delays are possible, so it’s best practice to have […]






July 17, 2012 | 2 Comments More
New IRS Taxation of Managed Aircraft: 4 Updates and 3 Questions for Aircraft Owners (Part 2 of 2)

New IRS Taxation of Managed Aircraft: 4 Updates and 3 Questions for Aircraft Owners (Part 2 of 2)

This is a post by guest author Dave Weil, CEO and Founder of Flight Dept Solutions, LLC. Dave was asked to contribute to this blog because of his expertise in aircraft management and flight department issues. Any thoughts expressed below are entirely Dave’s and do not necessarily reflect the views of Universal Weather and Aviation, […]

May 8, 2012 | 1 Comment More
How to Select a VAT Recovery Program: Tips for Business Aviation Operators

How to Select a VAT Recovery Program: Tips for Business Aviation Operators

This aviation blog post is part of a series on tax issues impacting business jet operators. Valued Added Tax (VAT) can add 15-25% to all aircraft- and business-related expenses while in the European Union (EU). The good news is that these taxes, in many cases, can be exempted at the pump or reclaimed after the […]

May 2, 2012 | 2 Comments More
3 Critical Things to Know about New IRS Taxation of Managed Aircraft (Part 1 of 2)

3 Critical Things to Know about New IRS Taxation of Managed Aircraft (Part 1 of 2)

This is a post by guest author Dave Weil, CEO and Founder of Flight Dept Solutions, LLC. Dave was asked to contribute to this blog because of his expertise in aircraft management and flight department issues. Any thoughts expressed below are entirely Dave’s and do not necessarily reflect the views of Universal Weather and Aviation, […]

April 26, 2012 | 2 Comments More
Jet Fuel Taxes, Aviation Fuel Taxes

Aviation Fueling in the Far East: Understanding Fuel Taxes

This aviation blog post is the second part in a series on aviation fueling in the Far East and continues from our last post “Aviation Fueling in the Far East: 4 Things Business Aviation Operators Should Know“. Aviation fuel tax rates in the Far East are generally not as high as they are in other […]

March 27, 2012 | 1 Comment More
Minimizing Jet Fuel Costs: 5 Tips for EU VAT and MOT Exemptions

Minimizing Jet Fuel Costs: 5 Tips for EU VAT and MOT Exemptions

This aviation blog post is part of a series on aircraft fueling for business aviation and continues from our last post: 5 Best Practices When Making Aircraft Fueling Arrangements. Jet fuel taxes vary by location and can more than double the base fuel price on international trips. There’s a lot to consider in terms of […]

January 26, 2012 | 13 Comments More