VAT Registered Digital Agency...?
I am looking in to becoming VAT registered, I own a digital agency which deals in paid advertising & consultancy services for SMEs and well-known brands.
However, I have a couple of questions that I am trying to get a definitive answer for:
1. If I become VAT registered do I need to charge VAT for my services?
I had assumed I would but I read somewhere online that digital services do not relate to VAT only products - but not sure how true this is.
2. If I am paying a client's media spend on their behalf, would that be included in the VAT tax process?
3. Lastly, does anyone else have any experience with running a similar business and coming across these decisions?
Thank you so, so much - anyone who helps gets free advice on paid advertising
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Janet Sawyer -
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