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Hi, I think the bit I'm unsure of is exactly how much VAT I could claim back as I am not sure if I can claim back any VAT on the original purchase of tickets as i can't see it broken down anywhere on any order.
Just doing a quick search on tickets I came across this thread so I thought I would add my two penneth on the positive virtues of being a tout.
I have supplied many many tickets to events which are sold out and many many to ones which arent even sold out but people would prefer to pay a...
OK so I have been trading for 6 months selling concert tickets and want to know if I have to be VAT registered or whether its voluntary and if so if it's worth it.
As far as I can see I dont seem to be paying VAT on the purchase on the tickets initially (or at least theres no breakdown) but I...