HMRC Notice 718 — VAT Margin Scheme

VAT Margin Calculator

Estimate the VAT component on second-hand phone sales under the HMRC VAT Margin Scheme (Notice 718).

Enter sale details

Purchase Price (£) *

Amount paid to acquire the device

Sale Price (£) *

Total amount received from buyer

Repair / Refurbishment Cost (£) (optional)

Parts and labour (not deducted from VAT margin — affects profit only)

Other Costs (£) (optional)

Shipping, fees, or other deductions

Results will appear here

Enter purchase and sale price to see your VAT Margin calculation

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Disclaimer: This calculator is an educational tool designed to help phone resellers estimate their VAT Margin Scheme position under HMRC Notice 718. Results are estimates only and do not constitute tax advice. The VAT Margin Scheme has specific eligibility conditions and rules. You should consult a qualified accountant or tax adviser before making decisions based on these calculations. MobileStock does not guarantee accuracy for your specific circumstances.