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Used car market guide online

A new updated guide to VAT, cash handling and record keeping in the used car market is now available on the Retail Motor Industry Federation website.

Designed to help dealers maximise their used car operations, RMI members can download the Used Car Guide free of charge at www.rmif.co.uk.

Topics featured in this issue include categorising second hand cars for VAT purposes, surrendering and selling Road Fund Licences (RFLs), holding deposits and completing purchase invoices.

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