(1)Where appropriate the person operates, with any necessary authorisation, a special scheme:

(a)the capital goods adjustment scheme (CGAS) (Notice 706/2);

(b)a retail scheme (as a retailer may qualify to use more than one scheme, the most suitable should be used; sometimes the scheme can be changed retrospectively and sometimes a person can simultaneously use more than one scheme, but he must always keep a record of the daily gross takings) (Notice 727);

(c)the scheme for second-hand goods (Notice 718);

(d)the cash accounting scheme (Notice 731);

(e)the retail export scheme (Notice 704);

(f)the annual accounting scheme (Notice 732);

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.