Community

Entering the purchase invoice for a second-hand device as exempted from VAT

MS
2024-08-14

Question

I bought a second-hand device from an official Dutch seller (with a vAT number).
On their sale invoice, the amounts including and excluding vAT are the same (at the bottom it states that the margin scheme applies).
When I enter the invoice in dexxter (I am exempted from VAT as a secondary occupation), it says that I am not entitled to VAT deduction.
Should I just ignore this message and leave the VAT inc. and VAT excl. boxes the same?

Or should I deduct 21% from the amount I paid and enter this in the ‘VAT excl.’ box?

You can indeed fill in the exclusive and inclusive amounts as equal.

You cannot recover vAT on this (purchases with margin scheme), nor do you have to be subject to VAT.

Ask a question
Ask your question to the Dexxter community with over 27.000 sole traders and verified Dexxter experts.

30-day free trial. No credit card required.

You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.

Community

Other questions from the community

Social security contribution refund

Paid sales invoices for 2022 are not included in total income

Mileage allowance

Approach to sale of light goods that have not yet been written off

Reclaiming VAT on imports from outside the EU

What if you receive a yearly VAT refund and incur a lot of expenses?

Belgian company charged 0% vAT

Supplier address

Invoice without own VAT number

Unfortunately! Our community is currently only open to people who are starting a trial period on Dexxter