VAT Registered Digital Agency...?

1 replies
Hi.

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
#agency #digital #registered #vat

Trending Topics