I have a VAT registered client who is selling a number of secondhand tools he no longer needs.
Should he be charging VAT to his buyers?
Thanks in anticipation.
From my understanding, yes your client should be charging VAT on all secondhand tools as this is still classed as a taxable supply.
Hope this helps
Jaye Snell MICB PM. Dip
Exe Bookkeeping and Payroll Services
Thanks for your reply. Makes somplete sense!
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