Skip to content
Solved

VRS3365 | Fundamentals of the retail schemes: Mixtures of schemes: Unacceptable mixtures of schemes

From HM Revenue & Customs · VAT Retail schemes guidance

For the reasons set out in VRS3360 the following mixtures are unacceptable:

Direct calculation scheme 1 may NOT be used with

  • direct calculation scheme 2

  • apportionment scheme 1 or

  • apportionment scheme 2

Direct calculation scheme 2 may NOT be used with

either:

  • apportionment scheme 1 or

  • apportionment scheme 2

Apportionment scheme 1 may NOT be used with apportionment scheme 2

You can refuse to allow any mix other than those provided for above and within the Public Notices under Regulation 69.