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Contents

Official guidance
VAT Retail schemes guidance

VRS3000 · Fundamentals of the retail schemes

  • VRS3050 · Standard retail schemes
  • VRS3100 · Bespoke retail schemes
  • VRS3150 · Binding agreements
  • VRS3200 · Ineligible use of a retail scheme
  • VRS3250 · Incorrect use of a scheme
  • VRS3300 · Issue of best judgement assessments to businesses operating retail schemes
  • VRS3350 · Mixtures of schemes
  • VRS3400 · Changing retail schemes prospectively
  • VRS3450 · Retrospective change of retail schemes
  • VRS3500 · Ceasing use of a retail scheme
  • VRS3550 · Death, bankruptcy or incapacity of a retailer
  1. Fundamentals of the retail schemes: Contents
  2. Fundamentals of the retail schemes: Standard retail schemes

VRS3050 | Fundamentals of the retail schemes: Standard retail schemes

From HM Revenue & Customs · VAT Retail schemes guidance

It is up to the retailer to choose a scheme. You cannot direct use of a particular scheme. However, HMRC has the power to refuse use of a scheme, although this is restricted to the three circumstances detailed in VRS2350.

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