How to void VAT on advertising? Help!

PinnerMe

Junior Member

Nov 19, 2014

143

32

• Feb 2, 2021

• #1

I'm using my prepaid card, the BIN of this prepaid card is from the UK, which makes The advertising platform charged a 20% VAT rate. And they also told me that my campaigns spend eligible for VAT. Any help?

 

perrymason

Elite Member

Jul 19, 2018

1,704

838

• Feb 2, 2021

• #2

That can be consider a marketing expense for your business, therefore you should be able to deduct its taxes. Just keep invoices of everything for your tax fillings and you should be fine.

 

AntonP1999

Junior Member

Dec 19, 2020

104

37

• Feb 2, 2021

• #3

in my country it counts as a tax espense and is deductable.
Keep everything on a file to show the taxman and you should be alright.