Recent content by dance621

  1. D

    Legal to use seperate company for "groupon marketing"

    I use groupon and the high commission they take is hurt further by my requirement to pay all VAT on voucher price leaving me with just 33% of the total voucher price. Then my wife and I had an idea. My wife is starting up new company. She suggested that I outsource all marketing/advertising to...
  2. D

    Please help - Groupon & VAT

    But that doesnt add up. If they take off VAT as source then as you say £41.67 is left of the £50. So with a 50% commission rate the payment into retailers bank would be half £41.67 so £20.83. But the actual amount that end up with the retailer is only £16.67. This is how my accountant is...
  3. D

    Please help - Groupon & VAT

    I went into this with my accountant in some detail today. Based on what they found out (and this included a couple of calls to groupon), it works something like this. Excuse me for my terminology. Groupon sell a £50 voucher (could be discounted from 1Million. Doesnt effect VAT) Agreement...
See more
Top Bottom
Back