Calculate VAT on Second-Hand Goods with Confidence
Free online calculator for businesses using the VAT Margin Scheme
Use the Calculator NowWhat is the VAT Margin Calculator?
Welcome to the VAT Margin Calculator, a free tool designed specifically for businesses that sell second-hand goods, antiques, or works of art in the UK. Our calculator helps you quickly determine how much VAT you owe when using the VAT Margin Scheme.
Whether you're an antique dealer, a used car seller, or running a vintage clothing shop, our tool makes VAT calculations simple. Instead of paying VAT on the full selling price, the Margin Scheme allows eligible businesses to pay VAT only on their profit margin.
Who is this calculator for?
Online Sellers
Perfect for individuals and businesses selling second-hand goods on platforms like eBay, Etsy, and other online marketplaces.
Antique Dealers
Calculate correct VAT on antique items where invoices might not be available from original suppliers.
Used Car Dealers
Simplify VAT calculations when buying and selling used vehicles under the Margin Scheme.
Art Dealers
Properly calculate VAT on works of art purchased from non-VAT registered individuals or businesses.
How it helps you
- Save Time: Calculate VAT due in seconds, even for multiple items.
- Reduce Errors: Our calculator handles the math, helping prevent costly mistakes on your VAT returns.
- Understand Your Profits: See a clear breakdown of margins, VAT, and profits for each item.
- Compliance: Ensure you're calculating VAT correctly according to HMRC guidelines.
VAT Margin Scheme Guides & Tips
Browse our latest articles to learn more about the VAT Margin Scheme and how to apply it effectively in your business.
Common VAT Mistakes to Avoid When Selling Second-Hand Goods
The VAT Margin Scheme offers valuable tax advantages for businesses selling second-hand goods, but it's also an area where mistakes are common. Learn about the top errors to avoid and best practices for compliance.
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Is the VAT Margin Scheme Right for My Business?
Not every business dealing in second-hand goods benefits from the Margin Scheme. This article helps you assess whether the scheme is right for your business by examining its benefits, requirements, and practical considerations.
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