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Contents

Official guidance
VAT Margin Schemes

VATMARG02000 · Basic principles

  • VATMARG02050 · What this section is for
  • VATMARG02100 · What goods are eligible for the margin schemes?
  • VATMARG02150 · Conditions of the margin schemes
  • VATMARG02200 · Records and accounts
  • VATMARG02250 · Invoices
  • VATMARG02300 · What input tax can be reclaimed?
  • VATMARG02350 · Selling outside the scheme
  1. Basic principles: contents
  2. Basic principles: Selling outside the scheme

VATMARG02350 | Basic principles: Selling outside the scheme

From HM Revenue & Customs · VAT Margin Schemes

If a business chooses to sell an eligible item outside the scheme, he will not be able to claim input tax and must charge VAT on the full selling price.

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