Italy: Book Charters Early for VAT Reduction

23 October 2020

Superyacht charters in Italy booked before the 1st November 2020 will quality for the current 6.6% VAT scheme, and will apply for all 2021 bookings. From 1st November a 22% VAT will apply to all charters starting in Italian waters.

To benefit from the reduced rate on charters beginning in Italy, bookings must be made and deposits paid before the November 1st cut off date. The implementation of the new VAT rate had been delayed over the Mediterranean summer season.

Italy is one of the historic and quintessential superyacht destinations, offering a feast of astonishing natural beauty and charming coastal towns. From the Italian Riviera down to the Amalfi Coast, Italy is a filled with romanticised locations and a laid-back culture which perfectly suits the escapism of a superyacht charter.

A superyacht charter itinerary in Italy will involve sampling authentic local tastes, taking in awe-inspiring scenery and, of course, sailing the mesmerising cruising grounds of the Mediterranean. The relaxing and friendly atmosphere on the Riviera will instantly have you in a state of complete bliss, allowing you to unwind and indulge in luxury treats. Elite resort towns such as Santa Margherita and Portofino are a hotspot for superyachts, while you can also enjoy complete seclusion and exclusivity in hidden bays.

To enquire about itineraries and charter experiences in Italy, speak to one of the Ocean Alliance Team.

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