Sentences with phrase «vat on»

There is no VAT on any type of vacant land but there is VAT on the professional services rendered in the sale of vacant land.

If the agent pays his own NIB and they make over 100k, do they have to pay Vat on their commissions earned?

Realtors are not to pay VAT out of their commission because as a VAT Registrant they are obligated by law to charge VAT on their services, receive payment and pay it over to the VAT Office.

As previously reported, Poland imposed a 23 % VAT on bitcoin mining profits, but its position on bitcoin exchanges continues to remain unclear.

Estonia made its own decision about VAT on profits from bitcoin exchange services, levying a 20 % tax on those trading bitcoins as a service.

Belgium, Croatia, Cyprus, the Czech Republic, Greece, Hungary, Ireland and Italy haven't decided whether to charge bitcoin exchanges VAT on the service that they provide.

But, Kerala, which used to pay 5 % VAT on gold, highest than the other states, will see some benefits.

We offer expertise in conveyancing, easements, restrictive covenants, positive covenants, registration of title to land, proprietary estoppel, settlements and trusts of land (including implied, resulting and constructive trusts and applications under the Trusts of Land and Appointment of Trustees Act 1996), access to neighbouring land, adverse possession, party walls, boundaries, boundary disputes, school sites, options and pre-emptions, overage and development agreements, property - related insolvency, ownership and disposition of land by charities and unincorporated associations, highways, Crown rights, chancel repairs, commons and town and village greens and property - related torts (including trespass and nuisance), stamp duty land tax and VAT on property transactions.

If rental income is treated as zero - rated rather than VAT exempt, it would allow landlords to reclaim VAT on running, management and repair costs.

This may involve many buffer companies «selling» the goods between themselves and charging VAT on each sale until they are dispatched to another member state in a zero rated transfer.

That said, today's Budget speech contained mention of several changes to the VAT rules, the most notable being an «easy - win» of collecting VAT on mobile phone roaming by UK residents outside of the EU.

Budapest, 24 February 2016 — The reduction of the VAT on new houses to 5 % stands out from among the tax changes in 2016 from more than one point of...

«While HMRC have well - established guidelines on what may be treated as a disbursement for VAT purposes, its interpretation of those guidelines to require solicitors to account for VAT on items obtained as agent for their client... had caused confusion in the solicitors» profession.

The Tribunal ruled in favour of Rank on the basis that the charging of VAT on that income was -LSB-...]

Acting for Lukoil International Trading and Supply Company (LITASCO) in a complex Commercial Court dispute concerning the payment of VAT on oil contracts in relation to relevant EU regulations (2011).

VAT and Indirect Tax: Latest developments in VAT on land and property — LexisNexis VAT and Indirect Tax Webinars February 2013

The intention was that the lease to the company would thereby become a taxable supply and the college would be entitled to recover all the input tax attributable to making that supply, namely the VAT on the cost of building the library.

This should include VAT on air tickets, a tax on aviation fuel and opposition to new runways.»

They have managed to avoid paying a carbon tax and are exempt from VAT on any aspect of air travel - including baggage handling and aircraft meals.

And what the OECD claims is a «subsidy» in the form of reduced rates of VAT on fuel and power in the UK is in fact a consumer benefit that is equally applied to green energy — it just happens that less of it is produced, so it draws less subsidy.

There is no complicated pricing structure, just a standard competitive commission rate of 10 % + VAT on each booking.

And like DumbCoder said, you also get a first year discount of 1 %, so in the example above, you'd end up paying 9.5 % VAT on your turnover.

If you are providing VAT - liable services (you probablly are) and you register normally for VAT then you will be able to reclaim VAT on your buisness purchases but you will have to charge VAT to your clients.

In many circumstances customers can also reclaim VAT on the monthly payments.

After a month (or before), there is a transaction that returns the VAT on my payment back to the state.

The bank is asking me to pay.58 % of the outstanding principal amount and 14.5 % vat on the switching amount switch amount = 2650000 * 0.58 % = 15373 vat 15373 * 14.5 % = 2229.

As part of austerity measures VAT on e-books has been raised to 21 % in Spain, a move that is likely to slow growth in the nascent segment.

Todays stories include news about Apple iOS 9.3, opinions about how to hold a book and the a call for comments on the issue of VAT on ebooks in the EU.

IPA - FEP Global Report Promotes «Zero - Rate» VAT on Books (Publishing Perspectives) Who would have guessed that high VAT prices would have a negative effect on ebook buying?

It's official — ebooks really are books and Euro tax could plummet (Roger Packer) This opens the door to slash the very high EU VAT on ebooks.

I went back to the figures, and readjusted the price of all the books, as if there had been 17.5 % VAT on them.

The move could impact e-booksellers such as Amazon.co.uk, which sells Kindle editions out of Luxembourg, enabling it to apply the Luxembourg low rate of 3 % — compared to the UK VAT on e-books of 20 %.

E-book prices have remained stable five days after a new law came into effect charging an extra 20 % VAT on e-books from 1st...

E-book prices have remained stable five days after a new law came into effect charging an extra 20 % VAT on e-books from 1st January.

In the introduction, I talk about Amazon adding 5 languages to the Indian Kindle store, changes to EU VAT on ebooks, and my thoughts on the tweets coming out of the FutureBook conference in London.

We pay VAT on all books though — so that's not what bothers me — its that the UK and the US charges different prices for their books for customers (more often for UK / European authors) than the.

Books sold outside of USA, for example in Europe, may be subject to the local VAT on ebooks.

We pay VAT on downloads from the US site.

Six African countries have lowered VAT on ebooks since 2015, as well, with three countries in Latin America bringing it to zero.

The VAT on e-books in Italy, for example, is 25 percent, compared to 4 percent for print books there.

The Federation of European Publishers and the International Publishers Association see the reduction of the VAT on e-books as essential to fostering the growth of digital publishing.

However, VAT on physical books will be rising from 5.5 % to 7 % in January, which might help to make ebooks more attractive, for producers and consumers alike.

This is an issue that effects much of Europe, though France was the first EU member state to reduce its VAT on e-books to 5.5 % in January and then back up to 7 % in March 2012, defying the law handed down from Brussels prohibiting member states from applying reduced VAT rates on e-books.

Ahead of this afternoon's budget statement, the Publishers Association has made representations to Chancellor George Osborne arguing that the rate of VAT on ebooks, which stands at 20 %, should be reduced to the zero - rating of print books.

The accused claimed VAT on goods, as according to them they imported the goods and then exported them abroad.

We recommend authors review their list prices that include the new VAT on January 1st when these changes go into effect to determine if they want to make any updates.

In the UK we don't have VAT on books, but there is VAT on electrical products (therefore, on ebooks).

Michelle: The Taiwanese government does not support the industry by means of fixed book prices, nor it is lowering the VAT on physical or e-books.

Because of the VAT on electronic but not print, we hear of European libraries which end of buying print + free online subscriptions so they can avoid the tax (because they are buying print).

The Parliamentary Committee for Finance on Wednesday unanimously approved a proposal to lower the VAT on e-books in Belgium to 6 %.