Acquisitions, exemption from charge to VAT

Antique pistols and holsters

Commemorative coins in presentation folders

Disposal by finance house or insurer

Excluded from exemption

Importation of model train, relief from VAT

Imported

Absolute exemption

Reduced five per cent rate

Reduced-rating

Relief

Transfer of ownership

Value of supply

Input tax disallowed

Margin scheme

Meaning

Non-supply treatment

Second-hand Daimler

Supply with transport, place of supply