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Updates: VAT Margin Schemes

2021

3 December 2021 published amendments

Buying and selling between Northern Ireland and EU

Amendments for Brexit - amending references to buying and selling between European Union to Northern Ireland and EU

The auctioneers’ scheme: What is the auctioneers’ scheme?

Amendments made for Brexit to the examples - illustrating how the auctioneers scheme works and a few wording changes to amend his to its

14 October 2021 published amendments

Specific circumstances: Bad debt relief

Amendments made for Brexit on behalf of Tina Lang

13 October 2021 published amendments

Specific circumstances: Second-hand caravans

Amendment made for Brexit on behalf of Tina Lang

Specific circumstances: Computer-generated signatures on sales invoices

Amendments made for Brexit on behalf of Tina Lang

Specific circumstances: Part-exchange goods

Amendments made for Brexit on behalf of Tina Lang

Specific circumstances: Bumping

Amendments made for Brexit on behalf of Tina Lang

Specific circumstances: Hire-purchase sales using finance companies

Amendment made for Brexit on behalf of Tina Lang

Specific circumstances: Disposals by insurance companies and finance houses

Amendments made for Brexit on behalf of Tina Lang

Specific circumstances: Retrospection

Amendments made for Brexit on behalf of Tina Lang

Assignment of rights in a hire purchase agreement etc

Amendments made for Brexit on behalf of Tina Lang

Transfer of a going concern

Amendments made for Brexit

Amendments made for Brexit on behalf of Tina Lang

Non-compliance by businesses using the schemes

Amendments made for Brexit on behalf of Tina Lang

Horses and ponies

Amendments made for Brexit on behalf of Tina Lang

8 October 2021 published amendments

Imports and exports

Amendments made for Brexit on behalf of Tina Lang

The auctioneers’ scheme: Sale of new goods on behalf of non-taxable persons

Amendments made for Brexit on behalf of Tina Lang

The auctioneers’ scheme: General principles of the auctioneers’ scheme

Amendments made for Brexit on behalf of Tina Lang

Global accounting: Opening stock and global accounting

Amendments made for Brexit on behalf of Tina Lang

Global accounting: What if items are sold outside the scheme?

Amendments made for Brexit on behalf of Tina Lang

Global accounting: Global accounting records and accounts

Amendments made for Brexit on behalf of Tina Lang

Global accounting: Collections

Amendments made for Brexit on behalf of Tina Lang

Global accounting: Purchase and sales invoices for global accounting

Amendments made for Brexit on behalf of Tina Lang

Global accounting: What is global accounting?

Amendments for Brexit on behalf of Tina Lang

7 October 2021 published amendments

Basic principles: Selling outside the scheme

Amendment made for Brexit on behalf of Tina Lang

Basic principles: Invoices

Amendments made for Brexit on behalf on Tina Lang

Basic principles: Records and accounts

Amendments made for Brexit on behalf of Tina Lang

Basic principles: Conditions of the margin schemes

Amendments made for Brexit on Behalf of Tina Lang

Basic principles: What goods are eligible for the margin schemes?

Amendments made for Brexit on behalf of Tina Lang

Basic principles: What this section is for

Amendments made for Brexit on behalf of Tina Lang

Introduction: roles and responsibilities

Amendments for Brexit on behalf of Tina Lang

Amendments made for Brexit on behalf of Tina Lang

Introduction: Background

Amendments made for Brexit on behalf of Tina Lang