How the Margin Scheme works and when you can use it for sales of second-hand vehicles.
Contents
- Detail
- 1. Overview
- 2. The Margin Scheme on second-hand cars and other vehicles
- 3. Making your Margin Scheme calculations
- 4. Buying and selling vehicles under the Margin Scheme
- 5. Records and accounts
- 6. Example of a Margin Scheme stock book
- 7. The Global Accounting Scheme
- 8. Buying and selling vehicles at auction
- 9. Linked insurance products and warranties
- 10. Other issues which may affect your Margin Scheme calculations
- 11. Transfer of a going concern and assignments of rights
- 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"
- UK May Cut VAT on Public EV Charging to Offset Pay-Per-Mile Scheme and Boost Adoption
- UK May Cut VAT on Public EV Charging to 5% to Match Home Rates and Boost Adoption
- UK Overhauls VAT Grouping Rules to Attract Global Investment and Reclaim Overpaid VAT
- Supreme Court Rules VAT on Share Sale Costs Not Recoverable Despite Fundraising Purpose
- PFI Expiry: Managing VAT and Partial Exemption Risks at Asset Handback for Local Authorities
