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Hi Alan, Client (ltd company) buys watches online and fixes them/refurbishes second hand watches and resells them on ebay. They have yet to hit the VAT registration threshold of €75,000.
Does V.A.T. Margin Scheme apply to company that it trades with second hand goods only? Normally these are decent watches that sell for 300 euro +. Clients are almost always located in the EEA area or rest of world – I assume this is still subject to VAT?

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Posted by (Questions: 24, Answers: 2)
Asked on 12 April 2016 2:59 pm
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