VAT on Commission?

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 |
leshoward's picture

Letting Agent that refers a

khalm0 |

VAT on commission

leshoward |
leshoward's picture

Thanks for the advise. make

khalm0 |

What if the letting agent

fkaim85 |