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Client sells wigs on a sale or return basis with the supplier. The client gets a set percentage from each sale i.e. 30%. On the total sales value, the client is nearing the Sale of Goods VAT threshold. However, could the transaction be viewed as a commission earning transaction with VAT registration only necessary if the €37,500 limit is breached by the commission income? Regards, Dave

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Posted by (Questions: 27, Answers: 2)
Asked on 22 November 2017 12:50 pm
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