Commentary

V2.198 Flat-rate scheme for farmers—special situations

Part V2 Registration – deregistration

V2.198 Flat-rate scheme for farmers—special situations

V2.198 Flat-rate scheme for farmers—special situations

Auctioning agricultural produce—flat-rate farmers

If an auctioneer acts as an agent for a flat-rate farmer, he does not take title to the goods. As the goods remain the property of the non-VAT registered flat-rate farmer, the sale will not attract VAT. The flat-rate farmer will not be able to charge the flat-rate addition to the auctioneer but he will, however, be able to charge the flat-rate addition to the ultimate purchaser of the goods if the purchaser is VAT registered1.

If the auctioneer acts as principal, then he is taking title to the goods as

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