What all details should be mentioned in an invoice under profit margin scheme?
What all things should I look for in a purchase invoice for applying profit margain scheme?
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Purchase invoice from the person you sold the item should include the following information: Date Seller�s name and address Your name and address, or that of your business The item�s unique stock-book number (if you bought the item from another VAT-registered business) Invoice number (unless you made out the purchase invoice yourself) Item description Total price � you must not add any other costs to this price If you bought the item from another VAT-registered business, any of the following: �margin scheme � second hand goods�, �margin scheme � works of art� or �margin scheme � collectors� items and antiques
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