Antiques Ledger: Margin Scheme

If you sell antiques under the VAT margin scheme, HMRC requires a stock book: every item with its stock number, the date you bought it, who from and what you paid, and later who bought it, for how much, the margin and the VAT due. Most dealers keep it in a notebook or a spreadsheet, catch up at the end of the quarter, and dread the inspection. This app keeps the book as you trade. JUST BOUGHT AN ITEM One button. Photograph the piece. The microphone is already listening, so say what it is and what you paid: "Georgian oak candle box, paid forty five pounds". The price is heard from your words, the next stock number is assigned, and it is in the book. Add who you bought it from with a tap on a recent seller, or type a name and address. For a private seller the app makes out the purchase invoice the scheme requires, numbered and worded correctly. JUST SOLD AN ITEM Photograph it again. The…