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Things to consider when buying second-hand goods.
Information about second hand goods.
Find out how to use a margin scheme to account for VAT if you buy or sell second-hand vehicles (VAT Notice 718/1).
Find out what records and invoices you need to keep as part of the second-hand motor vehicle payment scheme.
Find out which motor vehicles you can and cannot claim a payment for using the scheme.
Find out how to use the second-hand motor vehicle payment scheme to make a claim on your VAT Return.
Find out how to use the second-hand motor vehicle payment scheme to make a claim if you are VAT registered in the EU.
If you buy second-hand vehicles, find out how to use a margin scheme to account for VAT (VAT Notice 718/1).
Find out how to work out the value of a motor vehicle when calculating a payment using the second-hand motor vehicle payment scheme.
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