Tag: value added tax (vat)
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 [...]
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 [...]
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 [...]
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 [...]
