Originally Posted by malthouse
Is workwear not VAT free?
Not that I am suggesting you wear steel toe cap boots on a boat.
Had this situation a few years back with another independent station who couldn't get their local VAT office to exempt drysuit purchases.
It's because in law the VAT exemption applies to rescue equipment - i.e. the boat, radios, MOB devices, etc...but not things like PPE. It's far from straightforward.
It's also why there is a very low threshold for items for resale (fundraising branded items, etc) and why for example the RNLI don't sell souvenirs - RNLI Trading Ltd do that (with profits covenented back to the RNLI).