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State of Delaware Cracks Down On Abuse Of The Delaware Yacht Registration System

The State of Delaware have introduced new procedures to crack down on the abuse of the Delaware yacht registration system by owners who are keeping their vessels outside the State of Delaware. The new application procedure introduced in January 2020...

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European Tax Commission sends an additional letter of formal notice to Malta for not levying the correct amount of Value Added Tax on yachts

On the 12th February 2020 the European Tax Commission decided to send an additional letter of formal notice to Malta for using an incorrect method of calculating VAT on the lease of yachts. In their monthly overview of policy decisions...

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We are Hiring! Do you want to become part of the Oceanskies Team?

We're growing again! Oceanskies are looking to employ a full-time Junior Crew Payroll Admin Assistant to join the team. The successful candidate will be responsible for administrative tasks assisting the crew payroll team to provide a quality service...

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2020 Malta Class 1 Social Security Contributions for Yacht Crew

The Malta Commissioner for Revenue has announced an increase in both employer and employees social security contributions for 2020. All EU national and resident seafarers working on a Malta registered yacht must be registered with Department of Social...

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HM Treasury publish positive review of the VAT treatment of aircraft and yachts in the Isle of Man

Her Majesty's Treasury have published the results of their review into the VAT treatment of aircraft and yachts in the Isle of Man and crucially have found no evidence of abusive practices that would be contravention of EU VAT legislation. The review...

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