For a number of years, we have provided our office staff with luncheon vouchers (£50 per month) as a Benefit in Kind.
UK VAT Registered Client, has an online User generated content platform (UGC) with worldwide user base .
I have a client who sells online discount vouchers (i.e. groupon type platform) on behalf of other people. My client collects the sales and charge 50% commission to the 3rd party.
We are providing an intangible product to customers that we will be chargng them a per day rate to use.
HMRC has reacted, with admirable rapidity, to the ECJ’s decision in the case of Lebara v HMRC, reports Matthew Arnold & Baldwin associate Shimon Shaw.
Phone card suppliers and other users of face value vouchers could be in line for VAT rebates after the European Court of Justice ruled against HMRC’s treatment of telephone cards in the Lebara VAT.
A company normally pays its employees a small "bonus" each year at Christmas (usually about £100) as a bit of a thank-you from the management. Historically it goes through the payroll as a bonus a
I was hoping someone could help.
I am a bookkeeper for a local restaurant and am seeking advise as to whether or not I am accounting correctly for vouchers. There are 2 types of vouchers: