The impact of Brexit on the free circulation status of your aircraft will depend entirely on the circumstances of the aircraft and how it operates. There is almost no official guidance from either the EU or the UK government on the subject, apart from on the transitional arrangements,  which has led to much debate between advisers on the options to use, including to what degree the Returned Goods Relief provisions can be used to resolve aircraft status post Brexit.

Given the high value of aircraft and the high risks involved, Martyn Fiddler Aviation have taken Counsel advice and would strongly urge you to seek tax advice from an experienced advisor specialising in aviation. Taking expert advice will help you understand your obligations and determine the necessary steps to take (if any) to meet those obligations.

Related documents

For a greater understanding of the impact of Brexit on aviation please refer to our recently updated eBook ‘Business Aviation from 1 January 2021’.

Watch our Brexit webinar series here.

For guidance on How to keep your EU or UK import status post-Brexit please refer to our Returned Goods Relief “RGR” article.

If you have any questions regarding the free circulation status of your aircraft please do not hesitate to contact heather.gordon@martynfiddler.aero