secondtrader2
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RE: Margin Scheme - VAT cannot be reclaimed, not documented
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Margin Scheme - VAT cannot be reclaimed, not documented
I sell second hand goods under the Margin Scheme for Second Hand Goods and issue a receipt without a VAT figure and with the text stating "Margin Scheme for Second Hand Goods". One of my customers has queried and I want to point them to the documentation that states they cannot reclaim VAT. This is not explicit in https://www.gov.uk/vat-margin-schemes, can you point me elsewhere please that makes this clear.