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Running A Car Dealership

VAT Margin Scheme for Used Cars - Detailed Guide
Running A Car Dealership

VAT Margin Scheme for Used Cars - Detailed Guide

Navigating the complexities of VAT (Value Added Tax) in the used car industry can be daunting, especially when dealing with second-hand or used cars. In the UK, the VAT treatment for used cars can differ significantly from new cars, primarily due to the Marginal VAT Scheme, also known as the VAT Margin Scheme.

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