VAT ON FACEBOOK AD SPEND - PLEASE HELP ITS KILLING ME

[King Nobez]

Hello,

I live in the UK and spend thousands a day on ads. We sell out of the EU for vat reasons. I have just checked my amex and facebook are charging me 20% on top of my ad spend.

Understandly this is a huge percentage of my profit.

I need a way around this. Help me out blackhat

Thanks

 

[SeoArrowLTD]

That's called Brexit and you can deduct the VAT as an expense. Talk with the accountant. Soon this will be applied for UK Google ADS accounts. I can see it coming. On AUD is already implemented - but there the tax is 10% - also deductible.

 

[King Nobez]

That's called Brexit and you can deduct the VAT as an expense. Talk with the accountant.

I do not add my business to the facebooks i use as i go through about 1 every 2 weeks.

They are not real accounts, how does it know I am in the UK?

Thanks

 

[GainTheImpossible]

I do not add my business to the facebooks i use as i go through about 1 every 2 weeks.

They are not real accounts, how does it know I am in the UK?

Thanks

Your IP / Facebook account.

 

[King Nobez]

Your IP / Facebook account.

do oyu know this for certain?

Is it when i choose currency when creating the ad account ?

 

[GainTheImpossible]

do oyu know this for certain?

Is it when i choose currency when creating the ad account ?

If you connect to facebook with UK IP... I think that's really the logical answer. So yeah, for certain.

 

[Enamelra]

And how does he work DSLR?