Policy paper

Northern Ireland second-hand margin scheme interim arrangement

This tax information and impact note sets out the extension of the VAT margin scheme to apply in Northern Ireland on a limited basis in respect of motor vehicles sourced from Great Britain.

• From: HM Revenue & Customs
• Published: 27 October 2021

Documents

Northern Ireland second-hand margin scheme interim arrangement

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Details

This interim measure, once commenced, will provide for the use of the VAT margin scheme for sales in Northern Ireland of motor vehicles sourced from Great Britain.

Motor vehicles first registered in the United Kingdom prior to 1 January 2021 will be available to sell under the VAT margin scheme in Northern Ireland, until the Second-hand Motor Vehicle Export Refund Scheme comes into effect.

Published 27 October 2021