Owners losing patience with mounting charter complexities

Superyachtnews – 02 June 2017

A flat-rate VAT structure of 10 per cent on charters would encourage commercial use, says Burgess’ Neil Moore.

“The European Union is its own worst enemy,” Neil Moore, director of charter management at Burgess, told SuperyachtNews during the MYBA Charter Show in Barcelona, offering a critique of the charter market, in what has emerged as a powerful debate in the first half of 2017.

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