Share this content
0

Acting as agent for an artist -VAT and FRS

Didn't find your answer?

Im in the Flat Rate Scheme for VAT. I arranged some tour dates for an artist who is fully VAT registered acting as agent and passing on all the ticket revenue minus the theatres charges and then minus 20% for my services on the balance. For some of the tour dates, I paid a 'guarantee'/ deposit to the venues which included VAT. Im preparing all the figures for the artist so he knows what VAT he can claim back on tour costs. As I paid the deposits on his behalf and they will be deducted from the final payment to him can I advise him to claim back the VAT on those deposits? 

[edit] ps forgive my manners, I forgot to say Id really appreciate any help with and thanks for the time to read this.

 

Replies (0)

Please login or register to join the discussion.

There are currently no replies, be the first to post a reply.

Share this content

Related posts