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.