Search all content on GOV.UK

How to use VAT margin schemes - records you need to keep, invoicing and VAT return reporting

• Overview

  VAT margin schemes tax the difference between what you paid for an item…

• Eligibility

  You can only use a margin scheme for: second-hand goods works of art…

• Keeping records

  You must keep the usual VAT records when you use a margin scheme. You must…

• VAT return

  You must show any goods you bought or sold using a margin scheme on your…

Find out how to value your goods to help when working out the VAT due when importing goods into the UK.

• Updated: 1 October 2022

Find out if your ivory item may qualify for the pre-1918 outstandingly high artistic, cultural or historical value exemption, how to apply and what to do if it is refused or revoked.

• Updated: 23 March 2023

If you import or export goods, find out if you can use a margin scheme to account for VAT. (VAT Notice 718)

• Updated: 23 December 2021

Find out if relief is available for goods using Temporary Admission and if your goods require you to be established inside or outside the UK.

• Updated: 10 March 2023

Licence allowing certain vintage aircraft to be exported to European Union countries for no more than 3 months.

• Updated: 31 December 2020

Find out which disposals of assets from historic houses are within the scope of VAT.

• Updated: 14 May 2018

How to apply for a licence to export cultural goods, including antiques, furniture and archaeological items.

• Updated: 2 September 2024

Get help to classify ceramic articles for import and export.

• Updated: 16 March 2023

When and how you need to register your item or apply for an exemption certificate to deal in ivory.

• Updated: 26 July 2023