Council Directive 2006/112/EC of 28 November 2006 on the common system of value added tax (c. 112)

TITLE XII U.K. SPECIAL SCHEMES

CHAPTER 4 U.K. Special arrangements for second-hand goods, works of art, collectors' items and antiques

Section 2 U.K. Special arrangements for taxable dealers

Subsection 1 U.K. Margin scheme

Article 319 U.K.

The taxable dealer may apply the normal VAT arrangements to any supply covered by the margin scheme.