WebJun 26, 2015 · Lurch 26 June 2015 12:54 #5. I think you may have misunderstood the OP. Scrap metal (from the OP’s business) has been taken to a scrap metal dealer and the scrap metal dealer paid the OP for this scrap. The scrap dealer paid the money directly into the OP’s personal account. Effectively the OP has sold something from the business … WebNov 19, 2024 · Deal Directly with a Local Scrap Merchant. The safest way to ensure you’re disposing of your scrap metal in a legal way is to deal directly with a local scrap merchant. Here at Morecambe Metals, we are a fully licensed scrap metal recycling merchant and a member of the British Metals Recycling Association, with over 40 years of experience ...
Precious Metals Sales Tax Rules & Regulations by …
WebAug 15, 2024 · Scrap metal scheme. Certain taxable persons who purchase scrap metal are liable for the Value-Added Tax (VAT) under the reverse charge rules. You must take … WebAug 20, 2012 · They have just taken the scrap (accumulated over a few months) to a scrap metal dealer and received cash for it (circa £700). Whilst I am happy enough that it … thigh cuff size
VATTOS5245 - Actual tax points: VAT invoices: centrally agreed
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