Hi
Just wanted to check please - are franchise royalties (such as servicemaster / merry maids et al) subject to vat?
Many thanks
Replies (2)
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Is it a supply...
... of goods or services made in the UK by a taxable person in the course of furtherance of their business?
It's not goods and anything that isn't goods but is done for a consideration is a service.
Are royalties a consideration? I think they are.
So absent an exemption, it looks VATable to me. Why do you think it might not be?
Regards.
Sunshine Onerenidi