VAT MARGIN
WJD Repairs EU trading as Buyaphone sell under VAT margin scheme and is used as a means of reducing the possibility of double taxation on the sale of second-hand goods.
It operates by allowing dealers to pay Value-Added Tax (VAT) on the difference between the sale price and the purchase price of the goods.
The margin scheme applies to:
- Second hand electronics
We only sell items under the VAT margin scheme meaning that when you receive an invoice from us the VAT rate for you the customer would be 0% and not at 23%.
This also means that as a business you are unable to deduct the VAT off your purchase after ordering.
For more information please reach out to us on our live chat or at info@buyaphone.ie
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