VAT Margin Scheme calculator

The Norwegian margin scheme (avansesystemet) can apply to second-hand goods, works of art, collectors’ items and antiques bought for resale, for example from private individuals or other dealers using the scheme. VAT is calculated on the margin instead of the full selling price, excluding VAT itself from the tax base. The rules are in sections 4-5 and 4-6 of the Norwegian VAT Act. Used vehicles covered by the re-registration-related VAT exemption must be treated under that exemption.