VATVAL11400 - Specific applications: caravans - removable contents: margin scheme
»Ê¹ÚÌåÓýapp Margin Scheme can be used for the resale of used caravans provided that all of the conditions of the scheme outlined in Notice 718 - »Ê¹ÚÌåÓýapp VAT Margin Scheme and global accounting are met.
»Ê¹ÚÌåÓýapp margin will always be tax inclusive. Examples of calculations for amounts of output tax due using the margin scheme can also be found in Notice 701/20 - Caravans and houseboats