Changes in VAT deduction on purchased goods at end of additional margin scheme application

• Before January 1, 2025, if your customer bought antiques, art, or collectibles at a reduced VAT rate, they could apply the additional margin scheme when reselling them
• As of January 1, 2025, customers are no longer allowed to apply the additional margin scheme
• If your customer purchased goods before the end of last year but did not sell them before January 1, 2025, they can deduct the purchase VAT in the first VAT period of 2025

Source: fiscount.nl

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.