VAT Notice 718: the Margin Scheme and global accounting

This notice explains when you may use the Margin Scheme or the Global Accounting Scheme, to account for VAT on your sales of goods.



This notice cancels and replaces Notice 718 (January 2010). Details of any changes to the previous version can be found in paragraph 1.2 of this notice.

Published 7 April 2011
Last updated 4 April 2017 + show all updates
  1. The title has changed from 'the VAT Margin Scheme and global accounting' to read 'the Margin Scheme and global accounting'.
  2. First published.