VAT Margin Scheme for Used Cars
Find out about the VAT margin scheme for used cars including what cars can be included, record-keeping & calculating figures for VAT returns.
VAT
Easy to understand VAT guides to give you a better understanding of VAT and how it affects your small business. In this section, you’ll find all the essential guides you need to jump-start your knowledge whether you’re just starting out and want to learn what VAT is, are worried you’ve crossed the registration threshold, schemes available or would like to check you’re reclaiming everything you’re entitled to.
Popular Guides:
What is a VAT Receipt and What to Do If You’ve Lost One
Reclaiming all the VAT you are entitled to will reduce your VAT bill or even create a VAT repayment. Keeping the right records is essential to support any claim you make.
How to Claim VAT Back on Expenses
Claiming back VAT on expenses can save a business money, but not all can claim VAT back by everyone. In this guide, you’ll understand which businesses can claim back VAT and which expenses are eligible.
Handling VAT on Inter-Company Charges
Find out how to handle VAT on inter-company charges and the paperwork you need to keep for cross-business transactions.