New queries, issue 4322

Tax at one o’clock

I act for a charity client which exhibits old aeroplanes for both display purposes and to take part in flying shows organised by the charity. The planes all have historical interest and the charity is about to import a Second World War plane from an American-based charity at a cost of £500 000.

My question is very simple: is there a way of avoiding VAT and customs duty on the importation of the vehicle?

I know that second-hand goods are generally subject to import VAT – but I feel that this transaction should somehow avoid a VAT charge in the ‘spirit’ of things. I have checked HMRC’s leaflet on VAT and charities but could not identify any possible exemptions.

Do readers have any suggestions that could help?

Query 17 876 – Flying...