I know it wasn't the main question but :
Quote:
Originally Posted by thegoodwife
About the VAT i don't agree.
|
Quote:
Originally Posted by NatalieK
sadly, yes, they pay vat
|
If you sell directly to a EU consumer (B2C) you have to collect/charge VAT and then give it to the gov.
If you make a commission from a EU business (B2B) and that business is established in the same country as you, you have to collect/charge VAT and then give it to the gov.
If you make a commission from a EU business (B2B) and that business is NOT established in the same country as you, it is zero rated, you charge 0. The payer self accounts for the VAT in his country (reverse charge mechanism).
If you make a commission from a business outside the EU : it's out of scope, you don't charge VAT.
Income tax is a different one all together and it has to be paid on all income regardless.