Second Hand Used Cars

Second Hand Used Cars

Second Hand Used Cars

Car dealers of used cars have the option to apply the second hand Gross Margin Scheme for VAT Purposes.

This is where 1/6 is taken of the profit on the sale of the car rather than having to charge full standard VAT of 20% on sale

We specialise in this trade in being able to do the book keeping or assist in setting up the book keeping to trade smoothly. 

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