The point of sale scheme (POS) is used to calculate output tax on goods or services supplied either at one positive rate of tax, or at more than one rate of tax, where supplies at different rates can be satisfactorily separated at point of sale. The scheme is described in Notice 727/3/201.
A retailer selling goods or services at only one positive rate of tax must use the POS scheme2. Where the retailer sells goods or services at more than one rate of tax, it
To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial
Web page updated on 17 Mar 2025 14:02