VAT on Commission?

Posted by khalm0 PM | on Fri, 09/03/2012 - 09:12 2631 4 comments | report

Hi All,

A client who is VAT registered and charges VAT on its services also recieves commission from a third party vendor for referrels to its service.

What is the correct way of treating this commission? Should this be treated as normal income or is it exempt from VAT? There is no reciept from the vendor stating any VAT.

Thanks guys.

Comments

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VAT on commission

leshoward | Fri, 09/03/2012 - 10:08

Letting Agent that refers a

khalm0 | Fri, 09/03/2012 - 10:27

VAT on commission

leshoward | Fri, 09/03/2012 - 11:21

Thanks for the advise. make

khalm0 | Fri, 09/03/2012 - 11:33