VAT Threshold

**Barneyrubble999** · 29-06-10

Hi
Would anyone have the time to help me with a VAT question please.
I am an affiliate for several bookmakers and my turnover is fast approaching the VAT threshold but after taking a look around the net to find out what this involves etc I have become rather confused over bookies that are based in Gibraltar or Malta etc
Does anyone know if I take payments from these booies into consideration when calcualting if I have reached the VAT threshold?
My apologies if this has been asked many times before and thanks in advance to any one who can help.

**hrbs** · 29-06-10

Originally Posted by Barneyrubble999

Hi
Would anyone have the time to help me with a VAT question please.
I am an affiliate for several bookmakers and my turnover is fast approaching the VAT threshold but after taking a look around the net to find out what this involves etc I have become rather confused over bookies that are based in Gibraltar or Malta etc
Does anyone know if I take payments from these booies into consideration when calcualting if I have reached the VAT threshold?
My apologies if this has been asked many times before and thanks in advance to any one who can help.

Hi

Commissions received from non-UK networks are "out of scope for UK VAT" and are not included in your taxable supplies calculation for VAT registration purposes.

Remember that you have to include reverse charge services (eg PPC) received from non UK companies such as Google, MS Adcenter in your calculation.

Although VAT registration adds additional administration, it can often be beneficial even if you are below the threshold and register voluntarily as you would be able to reclaim input VAT.

Regards

Keith
HRBS.biz