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Summary of the retail schemes

Produced by a Tolley Value Added Tax expert
Value Added Tax
Guidance

Summary of the retail schemes

Produced by a Tolley Value Added Tax expert
Value Added Tax
Guidance
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The following provides a brief overview of the main requirements of each retail scheme. Businesses with a retail turnover exceeding £130m are required to use a bespoke scheme if they cannot use standard VAT accounting. The bespoke retail scheme will be

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