Forum Categories › VAT ADMINISTRATION ISSUES › VAT for online dental business › Reply To: VAT for online dental business
13 May 2021 at 21:12
#56145
VAT-adviser
Member
Disclosed agent can be viewed as two separate transactions though you may be collecting the money and passing it to the principal. Ie you charge £20 plus VAT £4 and the principal charges £80 (exempt) = total £104; and you pass the £80 to the principal. You pay £4 to the VAT man.