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Official guidance
VAT Margin Schemes

VATMARG03000 · Global accounting

  • VATMARG03050 · What is global accounting?
  • VATMARG03100 · What goods can be sold under global accounting?
  • VATMARG03150 · Purchase and sales invoices for global accounting
  • VATMARG03200 · Bulk purchases
  • VATMARG03250 · Collections
  • VATMARG03300 · Treatment of scrap and items broken up for use as spares
  • VATMARG03350 · Global accounting records and accounts
  • VATMARG03400 · What if items are sold outside the scheme?
  • VATMARG03450 · Opening stock and global accounting
  • VATMARG03500 · Can global accounting be used retrospectively?
  • VATMARG03550 · Negative margins
  • VATMARG03600 · Use of global accounting by pawnbrokers
  • VATMARG03650 · Leaving the global accounting scheme
  1. VAT Margin Schemes
  2. Global accounting: contents

VATMARG03000 | Global accounting: contents

From HM Revenue & Customs · VAT Margin Schemes

Contents13 entries

  1. VATMARG03050Global accounting: What is global accounting?
  2. VATMARG03100Global accounting: What goods can be sold under global accounting?
  3. VATMARG03150Global accounting: Purchase and sales invoices for global accounting
  4. VATMARG03200Global accounting: Bulk purchases
  5. VATMARG03250Global accounting: Collections
  6. VATMARG03300Global accounting: Treatment of scrap and items broken up for use as spares
  7. VATMARG03350Global accounting: Global accounting records and accounts
  8. VATMARG03400Global accounting: What if items are sold outside the scheme?
  9. VATMARG03450Global accounting: Opening stock and global accounting
  10. VATMARG03500Global accounting: Can global accounting be used retrospectively?
  11. VATMARG03550Global accounting: Negative margins
  12. VATMARG03600Global accounting: Use of global accounting by pawnbrokers
  13. VATMARG03650Global accounting: Leaving the global accounting scheme
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