Skip to content
Solved
SearchBrowse
Sign in

Contents

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. Global accounting: contents
  2. Global accounting: Purchase and sales invoices for global accounting

VATMARG03150 | Global accounting: Purchase and sales invoices for global accounting

From HM Revenue & Customs · VAT Margin Schemes

Businesses using the global accounting scheme must include the seller’s name and address on purchase invoices which they make out themselves. See Notice 718 The VAT Margin Scheme and global accounting for full details of the information which must be included on global accounting invoices.

PreviousNext
PrivacyTerms