New guidance on Post-Brexit EU VAT status of second hand boats 0shares Marine organisations in the UK and EU have come together to release guidance on the EU VAT status of second hand boats following Brexit Confusion over the VAT status of second hand boats in Europe following Brexit has led to the guidance being issued. Credit: Getty Confusion over the EU VAT status of second hand boats following Brexit has led to leading marine bodies in Europe and the UK collaborating to issue new guidance. The International Council of Marine Industry Associations (ICOMIA), European Boating Industry (EBI), European Boating Association (EBA), British Marine (BM) and the Royal Yachting Association (RYA) joined forces to provide clarification on EU VAT and customs for recreational boat owners and companies.