Special scheme for travel agents
The taxable amount and the price exclusive of VAT in respect of the single service provided by the travel agent shall be the difference between the total amount, exclusive of VAT, to be paid by the traveller and the actual cost to the travel agent of supplies of goods or services provided by other taxable persons, where those transactions are for the direct benefit of the traveller.
Special arrangements for second-hand goods, works of art, collectors' items and antiques
The taxable amount in respect of the supply of goods shall be the profit margin made by the taxable dealer, less the amount of VAT relating to the profit margin. The profit margin shall be equal to the difference between the selling price charged by the dealer for the goods and the purchase price.
Special arrangements for sales by public auction
The taxable amount in respect of each supply of goods under this arrangement shall be the total amount invoiced to the purchaser by the organiser of the sale by public auction, less the following:
a) the net amount paid or to be paid by the organiser of the sale by public auction to his principal;
b) the amount of the VAT payable by the organiser of the sale by public auction in respect of his commission.
Special scheme for investment gold
For the purposes of this scheme, "investment gold" shall mean:
(a) gold in the form of a bar or a wafer of weights accepted by the bullion markets of a purity equal to or greater than 995 thousandths, whether or not represented by securities, except for small bars or wafers of a weight less than 1 g;
(b) gold coins:
– of a purity equal to or greater than 900 thousandths,
– minted after 1800,
– which are or have been legal tender in the country of origin, and
– are normally sold at a price which does not exceed the open market value of the gold
contained in the coins by more than 80%.
Taxable persons who produce investment gold or transform gold into investment gold shall have the right to opt for the taxation of supplies of investment gold to another taxable person.
Special scheme for non-established taxable persons supplying electronic services to non-taxable persons
The special scheme for electronically supplied services shall be used for all electronic services, which a non-established taxable person supplies to non-taxable persons who are established or have their permanent address or usually reside within the territory of any Member State.
The taxable person shall use this scheme for all electronic services he supplies within the Community.
Special arrangements for VAT charged following the paid invoice charged on cash basis – cash accounting scheme
Cash accounting scheme allows taxable persons to account for VAT on the basis of payment made and received. Taxable person whose turnover did not exceed 400,000 euros, excluding VAT, for the past 12 months, and it is not likely that he will exceed this amount in the next 12 months, may charge and pay VAT according to this scheme. Taxable person using the cash accounting scheme must postpone the right to deduction of tax until it has been paid to his supplier. The scheme is not applied for the following transactions: imports, exports, IC acquisitions, IC supplies, financial lease agreements, credit sale agreements, services for which general rule apply, supplies of goods or services where the amount shown on the invoice is not due for a period in excess of 6 months from the date of the issue of the invoice, domestic reverse charge. Taxable person include data in VAT return and is obliged to submit report to the tax authority on all issued and received invoices that remain outstanding on 31. December of the current year. He shall submit a report by 31 January of the following year at the latest.