Summary

Guidance on retail schemes which remove the need for the retailer to identify the VAT liability of every transaction by providing an alternative method of calculating output tax liability

Contents

  1. VRS0500
    Data Protection
  2. VRS1000
    Introduction
  3. VRS2000
    Eligibility and refusal to allow use of a retail scheme
  4. VRS3000
    Fundamentals of the retail schemes
  5. VRS4000
    Mechanics of the standard retail schemes
  6. VRS5000
    Adaptations to standard retail schemes
  7. VRS6000
    Bespoke retail schemes: general principles
  8. VRS7000
    Bespoke schemes: practical guidance
  9. VRS8000
    Special arrangements for certain professions or trades
  10. VRS9000
    Mail order traders
  11. VRS10000
    Daily gross takings (DGT)
  12. VRS11000
    Point of sale (POS) schemes
  13. VRS12000
    Expected selling price (ESP) schemes
  14. VRS13000
    Temporary 5% VAT rate on hot food and on-premises consumption