John Peake

If our garage in York purchased a vehicle for £10,000 and then sold it to Mr Smith in Belfast for £12,500 the Vat on the margin would be £416.67. When the vehicle arrives in Belfast will any additional Vat be due for the customer to pay as its being sold to a private individual?

Can we sell a used vehicle to a private individual in Northern Ireland under the margin scheme in GB? We do not have a dealership in Northern Ireland as we are based in GB.