Vintro Pro
NL · FR · EN
Vintro Pro
NL · FR · EN
A private seller gives you no invoice. That note is yours to write — and it is your only proof.
The purchase date, a description that identifies the piece, the price you paid, and the seller's details. In the Netherlands, from €500 the slip is a purchase declaration the seller signs; outside VAT, the opkopersregister asks for the seller's name and address. In France the livre de police asks for surname, first name and address, the type, number, date and issuer of the seller's identity document, plus the method of payment.
On the note
Netherlands
Purchase declaration from €500The seller signs it. Outside VAT, the opkopersregister asks for name and address.France
Surname, first name and addressPlus the type, number, date and issuer of the identity document, and the method of payment, for the livre de police.It is the only place that piece's provenance will ever come from again. Without that note you cannot show you bought from someone who could not charge VAT — which is exactly the condition of the margin scheme.
So make a habit of writing the note there and then, with a photo of the piece attached. Asking afterwards, of someone you met once at an antiques market, does not work.
When do you write the note?
There and then
With a photo attachedThe provenance stays with the piece.Afterwards
Does not workYou cannot ask someone you met once at a market.Then applying the margin scheme correctly becomes difficult or impossible. The scheme taxes the difference between purchase and sale. According to the Belgian FPS Finance, without proof of the purchase price the margin cannot be established, and the full selling price is taxed. In the UK, HMRC says so in as many words.
From a private individual, from a non-taxable person, from a taxable person who supplied the item exempt because he had no right of deduction, from a small business under the VAT exemption scheme selling a capital good, or from another dealer who sold the piece under the margin scheme himself. All five share one feature: there was no deductible VAT on your purchase (VAT Directive, article 314).
Vintro Pro keeps, per piece, what you paid, when, and where it came from. Your stock list and your margin VAT build themselves while you work.
30 days free, no card number.