My company is registered in the UK and i provide advertise space on websites to a business registered in IOM. The business in IOM has it's parents company in British Virgin Islands and Cyprus but i send invoices to the IOM address and they are VAT registered in IOM.
My accountant advise me that i do not need to register for VAT because i am outside the scope of VAT.
I only have two clients.
1. Google which sends payment from Ireland.
2. This company which sends payment from Cyprus but i send them invoice to their Isle of Man company.
I've never paid for vat on their payments, and never charged them VAT because i am not VAT registered.
I read many links, and it is seriously confusing.
Do i need to register for VAT and pay VAT in the UK on payments i receive from the IOM business even though i have no sales in the UK or is it going to be zero rated because they deal with their own vat and i am supplying services outside the UK to a vat registered business in iom?