Margin or VAT scheme for refurbished devices
VAT and margin scheme for refurbished Apple and other hardware
The refurbished products we offer include 21% VAT as standard, unless otherwise stated. Companies receive an invoice with their order on which the VAT is specified separately, unless they choose a margin device on the product page. In that case, the VAT is no longer deductible.
Some refurbished products fall under the European margin scheme. This scheme applies to products that were originally purchased VAT-free from private individuals, as private individuals are not allowed to charge VAT.
Because we work together with specialists in purchasing and refurbishing hardware, we offer both VAT products and margin products. These margin products are especially attractive to private buyers if they are cheaper than VAT products. For business buyers, VAT products are more interesting, because the VAT can often be reclaimed. Margin products can be recognized by the specific mention on the product page.
From VAT to margin product
Products that are delivered new by the manufacturer or supplier are VAT products. When a private individual or non-profit organization buys such a new product, the VAT is paid by the manufacturer or supplier and can no longer be reclaimed. Such a product is then considered a margin product.
Business purchase
In the case of business purchases, the product is included in the company accounts, whereby the VAT is settled. In the case of sale to another company, the remaining VAT amount is repaid to the tax authorities, so that the product remains a VAT product. If this is sold as second-hand, used or refurbished, it remains a VAT product. If purchased by a private individual, it remains a margin product and can no longer be converted into a VAT product.