VATMARG13600 - Specific circumstances: Computer-generated signatures on sales invoices
Many large car manufacturers sell quantities of used cars (previously self-supplied vehicles) under the margin scheme.
»Ê¹ÚÌåÓýapp requirement for signatures on purchase and sales invoices was removed with effect from January 2002.
Requests may have been received in the past to use computer-produced sales invoices with the seller’s declaration already “signed�. Such requests would have been dealt with at local level, taking into account local knowledge of trader compliance and similar factors.
If your business has been allowed a concession in the past, it would have been advised in writing and his written agreement obtained. Any current agreements can be cancelled for transactions from 1 January 2002 and confirmed with the trader in writing.