A client selling antiques over the internet is having problems getting names and addresses of private individuals selling goods. She has printed up her own purchases invoices but very rarely gets any personal details of vendors. I understand that this could be a real problem if there is a VAT inspection. If this is the case should she withdraw from the scheme altogether. The business does also have a small retail side to it of goods purchased from manufacturers, the the majority of the business is in second-hand antiques.
jack
18th Jul 2005
0
Marginal VAT on Second-hand goods
Marginal VAT on Second-hand goods