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jamies_taylor

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jamies_taylor
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  • They show the discount on the TTC price for simplicity, but VAT is recalculated on the reduced HT price. The invoice will show the correct HT and VAT after the discount.
    in How Are VAT-Inclusive Discounts Handled? Comment by jamies_taylor August 9
  • hey john, It’s true that many IFAs don’t charge VAT on advice fees, even when the service might not qualify for exemption. In practice, some firms interpret the intermediation ruless more broadlyy, but technically, ongoing reviews without a product…
    in VAT and adviser charging Comment by jamies_taylor August 4
  • @parawhat said: Hi I'm sure you're familiar with the VAT treatment of financial advice i.e. general advice is VAT'able whereas intermediation of a product is VAT exempt. You can read more here or here. The rules seem quite straight…
    in VAT and adviser charging Comment by jamies_taylor August 2