How the VAT Auctioneers Scheme works and when you may use the scheme to account for VAT on the supplies you make.
Contents
- 1. Overview
- 2. Basic principles
- 3. How to make your Auctioneers’ Scheme calculations
- 4. Records and accounts
- 5. The Auctioneers’ Scheme in particular circumstances
- 6. Example of vendor’s certificate for goods sold on behalf of non-taxable persons
- 7. The Auctioneers’ Scheme option for goods on which VAT has been charged
- 8. Example calculations for the Auctioneers’ Scheme
- Your rights and obligations
- Help us improve this notice
- Putting things right
- How HMRC uses your information
Source gov.uk
Latest Posts in "United Kingdom"
- Updated HMRC Guidance on Exporting Second-Hand Cars and VAT Claims to the EU
- United Carpets Wins VAT Case: Tribunal Rules Fitting Services Were Separate, Not Subject to VAT
- How to Import into the UK Without Paying VAT Upfront Using the PIVA System
- Amazon VAT Essentials: Key Questions Answered for International Sellers and FBA in Europe
- Employment Agency Supplying Nurses Not VAT Exempt: Not a State Regulated Institution, Tribunal Rules
