VATVAL11400 - Specific applications: caravans - removable contents: margin scheme

The Margin Scheme can be used for the resale of used caravans provided that all of the conditions of the scheme outlined in Notice 718 - The VAT Margin Scheme and global accounting are met.

The margin will always be tax inclusive. Examples of calculations for amounts of output tax due using the margin scheme can also be found in Notice 701/20 - Caravans and houseboats