ÀÏ˾»úÎçÒ¹¸£Àû

Bespoke retail schemes—general

Bespoke retail schemes are designed for businesses which are ineligible to use the standard schemes described at V3.571–V3.573 (ie point of sale, apportionment and direct calculation schemes). Relevant information on bespoke retail schemes is given in Notice 727/2. Retail businesses with an annual turnover exceeding £130 million (prior to 1 April 2009, £10 million) are obliged to use a bespoke scheme, or to account for tax normally. A business with an annual turnover below this level is not prohibited from using a bespoke scheme. A bespoke scheme is individual for each retailer and has to be agreed with HMRC¹.

In essence a bespoke retail scheme is simply an agreed method of determining output VAT on retail sales. Such schemes typically are used by very large retailers. They may be based to a greater or lesser degree on the 'standard' schemes described in V3.571–V3.573 but a bespoke scheme will be tailored to the particular needs of the business in question.

In practice it seems unlikely