Ireland introduced a margin scheme as a means of reducing the likelihood of double taxation in the context of the sale of second-hand goods.
The scheme operates by allowing dealers in certain second-hand goods, works of art, antiques and collectors' items to pay VAT on the difference between the sale price and the purchase price of the goods.
The scheme is optional. If the dealer chooses not to operate the margin scheme, then normal VAT rules apply.
The margin scheme applies to the sale of goods by a dealer which were acquired by the dealer from persons who could not have
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Web page updated on 17 Mar 2025 16:17