Schemes
Motor Trade — second-hand vehicle margin scheme
Per-vehicle margin VAT for car dealers, with the stock book HMRC requires, DVLA lookups and bulk import.
Who it's for
Dealers selling second-hand vehicles bought without a recoverable VAT invoice. See VAT margin schemes on GOV.UK.
How OneSixth helps
- Stock book — every required field per HMRC, generated stock references, retention enforced for 6 years.
- DVLA lookup — pull vehicle metadata by reg number: make, colour, fuel type, engine size, year, MOT and tax status, type approval, CO₂ and Euro standard. A re-lookup button refreshes data that's gone stale.
- Configurable stock references — set the stock-ref format that suits your dealership.
- Bulk import — load a backlog of vehicles from a spreadsheet.
- Per-vehicle margin — gross margin × 1/6 = VAT due on each sale.
- Journal posting & export — post straight to your accounting platform, with a full audit trail, and export the stock book to XLSX.
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