What is VAT on the Margin?

There is no deductible VAT on products sold subject to VAT over the Margin. This does not matter much for consumers and non-VAT-registered persons. As a VAT taxable person, it is more interesting to purchase a product under the normal VAT scheme. However, the amount is 100% deductible as an expense.

Products with VAT on the Margin have an "M" at the end of the description. The correct legal text is stated on the invoice.

99% of the products we offer do not comply with this scheme, but according to the normal VAT regime.

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