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The margin scheme does not apply to resale of vehicles recovered on termination of finance agreements

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The margin scheme does not apply to resale of vehicles recovered on termination of finance agreements

Whether the margin scheme for the sale of second-hand vehicles applies to sales of vehicles made by a financier following the recovery of possession of the vehicles on the termination of hire purchase transactionsArticles 14 and 312 to 315 Principal VAT Directive

Source: gov.uk

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