I've been pondering over the VAT implications on commission lately and could use some insights. As far as I understand, VAT usually applies to goods and services, but what about commission? Does it fall under the same VAT regulations? Are there any exemptions or specific rules that apply? I've tried researching online, but the information seems a bit scattered and unclear.
If anyone here has experience or knowledge regarding this matter, I'd greatly appreciate your input is there vat on commission. Perhaps you've encountered similar queries in your business dealings or have sought professional advice on this issue. Any clarity you can provide would be invaluable!
Thanks in advance!
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Hey everyone,
I've been pondering over the VAT implications on commission lately and could use some insights. As far as I understand, VAT usually applies to goods and services, but what about commission? Does it fall under the same VAT regulations? Are there any exemptions or specific rules that apply? I've tried researching online, but the information seems a bit scattered and unclear.
If anyone here has experience or knowledge regarding this matter, I'd greatly appreciate your input is there vat on commission. Perhaps you've encountered similar queries in your business dealings or have sought professional advice on this issue. Any clarity you can provide would be invaluable!
Thanks in advance!