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How to use VAT margin schemes - records you need to keep, invoicing and VAT return reporting
VAT margin schemes tax the difference between what you paid for an item…
You can only use a margin scheme for: second-hand goods works of art…
You must keep the usual VAT records when you use a margin scheme. You must…
You must show any goods you bought or sold using a margin scheme on your…
If you’re an agent, find out how to use a VAT margin scheme to account for VAT (VAT Notice 718).
Today’s interim monitoring report sets out the Competition and Market Authority’s (CMA) observations on developments in the road fuel retail market since the previous update in November 2024.
How to account for VAT if you buy in and resell travel facilities as a principal or undisclosed agent.
What does governance look like ‘from below’ – from the perspectives of poor and marginalised households? How do patterns of conflict affect that?
If you make supplies of second hand goods, works of art or antiques and collectors items you can choose to use this simplified margin scheme to account for VAT.
How the TRA will calculate and use injury margins in its investigations and reviews.
Find out how to use a margin scheme to account for VAT if you buy or sell second-hand vehicles (VAT Notice 718/1).
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