Two kinds of price
Some pre-owned stock is sold under the VAT margin scheme and some is standard-rated. On our pre-owned pages each phone is labelled either marginal VAT or standard VAT, so you can see how it is treated before you buy.
Standard VAT
Standard-rated goods show VAT on the invoice at 20 percent, and a VAT-registered buyer can normally reclaim it. Delivery is also charged with VAT.
Marginal VAT
Under the margin scheme, VAT is accounted for on the seller's margin rather than shown on the invoice, so there is no separate VAT line for you to reclaim. Marginal VAT items are priced the same ex VAT and inc VAT in the shop.
Check with your accountant
This is a general guide, not tax advice. Your accountant can confirm how to record each kind of purchase.
Stock up at trade prices
Repair parts, accessories and graded pre-owned phones. No minimum order.
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