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VAT — New & Ex-Demonstration Items

New and ex-demonstration items are generally priced inclusive of UK VAT (20%) on standard VAT terms.

VAT — Used Items (Margin Scheme)

Used items are sold on the VAT Margin Scheme. Details here.

The VAT treatment that applies to any individual item is shown on the relevant product listing and/or invoice.

VAT — Exported Items

Exported items (shipped to a delivery address outside the UK) are zero-rated for UK VAT, subject to valid proof of export being obtained and retained. This applies to both new and used items — where a used item would otherwise be sold under the VAT Margin Scheme, export sales are zero-rated instead.

Customers outside the UK may be responsible for import VAT, duties or other charges in the destination country.

VAT Margin Scheme — Details

Under the VAT Margin Scheme, VAT is accounted for on the profit margin (the difference between the buying and selling price) rather than on the full selling price. As a result, no VAT is shown separately on invoices for margin scheme items, and customers purchasing these items cannot reclaim VAT as input tax. This scheme applies only to eligible second-hand goods.