What's the difference between margin products and VAT products?
Difference margin goods and VAT products
| VAT business expense | VAT rate on retail price | VAT visible on invoice | |
|---|---|---|---|
| Margin product | No | No VAT | No |
| VAT product | Yes | 21% | Yes |
2 different choices
On our website, you might see the same refurbished iPhone models for a different price. One is a margin product and the other a VAT product. As a business customer, it's wise to choose a VAT product as you can reclaim the VAT. Aren't you a business customer? Always choose the lowest price for the refurbished iPhone you want. We'll explain more per product below.
What's a margin product?
Part of the second-hand iPhone models we sell fall under the European margin scheme. These are devices purchased without VAT from individuals. That's why you can profit from a lower price as a non-business customer. You can also buy margin goods as a business customer, but that's often a less affordable choice. This is because you can't reclaim the VAT from the Dutch Tax Administration.
What's a VAT product
These are refurbished iPhone models that you pay the regular 21% VAT for on top of the retail price. You'll only see the amount of VAT on your invoice. As a business customer, you can reclaim your VAT from the Dutch Tax Administration. This often has a financial advantage. If you're not a business customer, you can also buy a VAT product. You can't reclaim the VAT, though. In this case, go for the lowest price you can get for the model you want.
Frequently asked questions
Why do you sell margin and VAT products?
Can you also reclaim the VAT as a non-business customer?
Can an iPhone that's part of the margin scheme be more expensive than an iPhone with VAT?
Can you buy a VAT product as a non-business customer?
Can you buy a margin product as a business customer?
