What is VAT Margin and Second-hand Scheme
Most businesses need to use the four Schemes namely FRS, POS, Direct Calculation, and Apportionment to submit their VAT Return. VAT Margin Scheme: This scheme is for second-hand dealers. Instead of taxing the full selling price, it taxes the difference between what you paid for an item and what you sold it for.


Who Upvoted this Story

  • Earn from Adsense profile

    What is Dekut?

    Dekut is all about user powered content .Everything is submitted and voted on by the Dekut community. Share, discover, bookmark, and promote stuff that's important to you. Earn Money from your Dekut account update your Google Adsense Publisher ID under profile.