Forum Categories › GENERAL VAT DISCUSSIONS › VAT Exempt › Reply To: VAT Exempt
20 April 2020 at 18:16
#55996
VAT-adviser
Member
Depends what the products are eg insurance….please see https://www.gov.uk/hmrc-internal-manuals/vat-taxable-person/vtaxper36820
A pure agent/principal relationship should be established and invoice should ideally identify the ultimate beneficiary. That way you only pay VAT on your commission (if applicable).
i would get a VAT expert to look at the agreements/invoices etc if the amount involved in large enough.