Please I have no proper understanding on how to charge VAT on the invoices we send to clients.
I work with an advertising agency, we do production and we advertise for clients, the production and design is dome by use and the media advert is always done by directly by the radio company we only get our own commision.
Please how am I supposed to charge VAT on the invoice that has production, advert and commision at the same time. For example a company want to do an event., the production and design of fliers of $500 was done directly by my company, the public advert of the event after we have designed and produced the fliers will be done by a radio and TV station for $1,000 we are only standing as an agent, still on the same invoice, we charged agency commission of 10% on $1,500.00 =$150. Total cost invoiced =$1, 650.00 please what will be the VAT element and how will it be charged.