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Automated margin scheme VAT

Margin scheme VAT calculated automatically

For your second-hand goods sales, Bizyness applies margin scheme VAT rules in accordance with European regulations.

Margin VAT
Used goods
Automatic calculation
Compliant invoices

Excellent | 4.9 based on 103+ reviews

Trustpilot

bizyness.

hello@email.com

+91 00000 00000

Invoice

#AB2324-01

Billed to

Company Name

Company address City, Country - 00000

+0 (000) 123-4567

Invoice date

01.08.2023

Due date

15.08.2023

Amount due

€4,500.00

Digital product design

#

Title / Description

Subtotal

1

Service name

€3,000.00

01 Jul - 20 Jul

Hours log ↗

2

Service name

€1,500.00

21 Jul - 31 Jul

Total

€4,500.00

Please pay within 15 days of receiving this invoice.

Thank you for the business!

Payment info

Account Name

Business address, City, State, IN - 000 000

Bank name

ABCD BANK

Swift code

ABCDUSBBXXX

Account #

37474892300011

Margin scheme VAT calculation

Sale price (excl. VAT)

€120.00

Purchase price (excl. VAT)

€80.00

Margin

€40.00

VAT (20%) on margin

€6.67

VAT amount to declare

€6.67

Calculation in accordance with margin scheme VAT rules

Margin scheme VAT regime

Compliant with Article 287a of the French Tax Code and Directive 2006/112/EC

Margin scheme VAT: manual calculations, audit risk

Risk of non-compliance

Incorrect application can result in tax adjustments and penalties.

Difficult tracking

Tracking purchases, sales and margins item by item is tedious.

Complicated declarations

Preparing margin scheme VAT declarations is time-consuming and error-prone.

Complex manual calculation

Calculating margin scheme VAT manually takes time and leads to errors.

Margin scheme VAT applied to every second-hand sale

  1. Import purchases

    Import your second-hand items from Shopify, Amazon, or manually.

  2. Margin calculation

    Bizyness automatically calculates the margin for each sale (Sale price - Purchase price).

  3. VAT on the margin

    VAT is calculated only on the margin, using the applicable rate (e.g. 20%).

  4. Invoicing & declarations

    Your invoices and VAT declarations are automatically updated with the calculated margin scheme VAT.

Margin VAT handled for you

Tax compliance, declarations ready, zero audits

Zero tax adjustments

Every sale is automatically compliant with the margin scheme VAT rules.

Your margins are tracked

Tracked item by item. No manual calculations, no spreadsheets.

Receive declarations

Your accountant receives declarations ready to submit.

Save your time

Save several hours every month on your tax management.

View all features

They sell second-hand goods with peace of mind

I've been using Bizyness for a few weeks. The interface is intuitive and beautiful, and it makes it easy to create invoices in just a few clicks.
cliente (Martinique) Entrepreneur
Very practical for IOSS/OSS and local VAT calculation, the team is very responsive in implementing new features.
Le comptoir Shopify store
We've been using Bizyness for over a year now, and to all entrepreneurs out there, stop looking, you've found the right tool.
Kévin E. Entrepreneur

Compliance, automatically up to date

Everything you need to run your business with confidence

NF525 & NF203

Compliant invoices

Made in France

Data hosted in Europe

GDPR compliant

Secured & encrypted data

10-year archiving

Legally preserved docs

Always compliant

Auto regulatory updates

Frequently Asked Questions

How do I tell Bizyness that I sell under the margin scheme?

Just enable the margin scheme on the relevant items; Bizyness then applies it automatically to every sale. You no longer have to decide case by case.

Can I sell under both standard VAT and the margin scheme?

Yes. Bizyness automatically tells the two schemes apart based on your items, charging VAT on the full price in one case and only on the margin in the other. Your returns stay accurate even with a mixed catalogue.

Do I have to enter the purchase price of each item?

Yes, because margin-scheme VAT is calculated on the difference between your selling price and your purchase price. You import your purchases from Shopify or Amazon, or enter them manually, and Bizyness works out the margin on its own.

Do my invoices show the right legal wording?

Yes. Invoices for margin-scheme sales automatically include the mandatory legal wording for the scheme, without detailing VAT you're not supposed to show. They stay compliant with no effort on your part.

Are margin-scheme VAT returns prepared automatically?

Yes. From your tracked purchases and sales, Bizyness prepares the margin-scheme VAT amounts to declare, ready to be filed by you or your accountant.

Does the margin scheme apply to all my products?

No: this scheme mainly concerns second-hand goods, works of art, collectors' items and antiques that are resold. In Bizyness, you enable it only on eligible items, while the rest stay under standard VAT.

Sell your second-hand items with the right margin-scheme VAT

Bizyness automatically calculates the margin-scheme VAT and issues compliant invoices for your second-hand or refurbished products.

  • Automatic invoices
  • VAT & OSS/IOSS
  • Accountant-ready exports
  • 14-day free trial
  • No credit card required
  • Full access
  • Cancel anytime