VAT advice needed

[ardvark]

I understand the agreement says that, but what about the invoices? The invoices have to show the VAT amount, rate, VAT reg numbers etc.

If the invoices have VAT on them already and you're not registered, then the affiliate network have committed VAT fraud.

They haven't committed fraud.

For VAT registered Partners: All Partner commissions are payable inclusive of VAT.

Im not yet registered as im below the threshold, so they are not inclusive of VAT yet, my mistake

Thanks for all the replies by the way mate, really appreciated!

 

[Sephrata]

Im not yet registered as im below the threshold, so they are not inclusive of VAT yet, my mistake

So that's fine. Once you are registered, then they will pay you 20% more (rather than you taking a 1/6 cut). It has no net effect on their position because they would reclaim the VAT paid.

Once you are registered, you would need to provide your VAT number to any other network based in the UK and EU. The same goes for anyone you buy services from as they should no longer charge you VAT under reverse charge rules.

 

[Deleted member 657006]

They haven't committed fraud.

For VAT registered Partners: All Partner commissions are payable inclusive of VAT.

Im not yet registered as im below the threshold, so they are not inclusive of VAT yet, my mistake

Thanks for all the replies by the way mate, really appreciated!

before you go , how does it work if you start to buying a service , i think you need to be vat registed or not is it same rules?

reverse charge rules just read it ,got it ....

 

[Snoop Dawg]

@redarrow why are you responding with "advice" when you clearly do not know what you are talking about

 

[ardvark]

So that's fine. Once you are registered, then they will pay you 20% more (rather than you taking a 1/6 cut). It has no net effect on their position because they would reclaim the VAT paid.

Once you are registered, you would need to provide your VAT number to any other network based in the UK and EU. The same goes for anyone you buy services from as they should no longer charge you VAT under reverse charge rules.

Thanks so much for this mate, you have put my mind at rest, i thought i would be paying out alot more, and i really don't need that at the moment.

Yes, Exoclick currently charge me 242 euro instead of 200 euro as im not VAT registered, so it would benefit me with expenses like that.

Just another quick one, so the affiliate company pay me £11400 + £2800 Vat. I have paid out £400 in VAT myself for expenses for the business, would i only pay £2400 VAT?

 

[Deleted member 657006]

@Sephrata

why do you hate me so much ,
i fill like you look at me like scum
i just try to understand .

sorry if i ever offended you in anyway
sorry i keep asking quistion your just
have a lot of knowlauage .

 

[Sephrata]

Just another quick one, so the affiliate company pay me £11400 + £2800 Vat. I have paid out £400 in VAT myself for expenses for the business, would i only pay £2400 VAT?

Under the full registration, yes. If you have a lot of expenses, it will make more sense to go down the full registration route.

The reverse charge is a bit of a PITA btw. So you buy 200e of advertising with Exoclick and you don't pay the 20% once you've given them your VAT number. On your VAT return, you pay the 200e (reverse charge) but simultaneously reclaim it in your return so you're netting it off to 0. You have to do this in every return for each reverse charge, otherwise the VAT gets lost in the system and someone comes knocking.

Edit: I should add I had a major major falling out with Exoclick. They screwed up the reverse charge invoices and it caused me a problem with the tax regulator.

 

[Deleted member 657006]

@Sephrata.
Edit: I should add I had a major major falling out with Exoclick. They screwed up the reverse charge invoices and it caused me a problem with the tax regulator.


does that mean all tax and vat are not accesable on there computer from a registered accountant to stop problams ?

what the point having a vat number if the vat number not computer registered .

 

[Sephrata]

why do you hate me so much ,
i fill like you look at me like scum

I don't hate you or look at you like scum.

You respond to a lot of threads with advice, when sometimes it's clear you don't have any knowledge about that subject. I understand you're trying to be helpful, but some of the things you say are actually unhelpful and if people follow them, they can end up with issues.

You don't need to master every single thing on here. Stick to certain things you really know and offer help there. If you want to learn about other things, then ask away.

does that mean all tax and vat are not accesable from a registered accountant to stop problams ?

Their VAT invoices were non-compliant with EU and Spanish rules. The main issue was with the wording of the invoices because they continued to charge me VAT even though I was VAT registered and the invoices stated that I was to account for the VAT being paid (even though they had already charged it).

 

[Deleted member 657006]

I don't hate you or look at you like scum.

You respond to a lot of threads with advice, when sometimes it's clear you don't have any knowledge about that subject. I understand you're trying to be helpful, but some of the things you say are actually unhelpful and if people follow them, they can end up with issues.

You don't need to master every single thing on here. Stick to certain things you really know and offer help there. If you want to learn about other things, then ask away.



Their VAT invoices were non-compliant with EU and Spanish rules. The main issue was with the wording of the invoices because they continued to charge me VAT even though I was VAT registered and the invoices stated that I was to account for the VAT being paid (even though they had already charged it).

advice taken .

so you paid twice till sorted.