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Search results: 2 article(s) found in topic: Insurance - keyword: Commission
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What’s the VAT position on commission?
Many businesses receive insurance commissions, perhaps for introducing services, handling claims or for collecting premiums. When can they be exempted and what are the VAT consequences?
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INSURANCE
VAT due on insurance commission?
Like many businesses, you regularly receive a commission payment for insurance products you’ve introduced. But do you need to account for VAT on these payments and does it matter in what status you receive them?
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