Lottery Commission in shops?
A-Vic
Registered Posts: 6,970 Beyond epic contributor 🧙♂️
Has anyone come across these while doing a shops books?
Do you know if there is any vat implications? and what is the commission?
Do you know if there is any vat implications? and what is the commission?
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Comments
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Hi,
Yes I have come across this.
Camelot send out self billed invoices to the retailer in respect to the commission that is 'exempt' for VAT.
I do not know what the percentages are for the commission but I have provided posting instructions to clients in the past to enable them to process the VAT correctly.0 -
Though as much thanks Poodle
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