Tag

Compliance

4 articles tagged Compliance

18 March 2026 12 min read

HMRC Stock Book Requirements: A Complete Guide for Second-Hand Goods Dealers

Everything dealers need to know about HMRC stock book requirements for the VAT Margin Scheme. What records to keep, paper vs digital stock books, common mistakes, and how to stay compliant.

hmrcstock-bookvat-margin-schemecompliancerecord-keepingsecond-hand-goods

15 March 2026 19 min read

VAT Margin Scheme for Jewellery and Antique Dealers: The Complete Guide

Everything jewellery and antique dealers need to know about the VAT Margin Scheme — eligibility, worked examples, record-keeping, Global Accounting Scheme, and common mistakes to avoid.

vat-margin-schemejewelleryantiquescompliancehmrc

13 March 2026 17 min read

Shopify VAT Margin Scheme: Why It Does Not Work and What to Do Instead

Shopify does not support the VAT Margin Scheme. Learn why this is a problem for second-hand goods dealers, what workarounds exist, and how GemJam solves it with built-in margin scheme compliance and Shopify sync.

shopifyvat-margin-schemecompliancesecond-hand-goodshmrc

12 March 2026 13 min read

Making Tax Digital for Second-Hand Goods Dealers: What You Need to Know for 2026

A complete guide to Making Tax Digital (MTD) for ITSA for second-hand goods dealers. Understand the April 2026 start date, digital record-keeping requirements, and how the margin scheme works under MTD.

making-tax-digitalmtdvat-margin-schemecompliancehmrc