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Posted Wed, 14 Feb 2024 11:08:57 GMT by
Do we have to charge vat on the fees charged to business clients, specifically money transfer operators. We charge fixed monthly fee along with percentage on wallets with us.
Posted Fri, 16 Feb 2024 16:37:42 GMT by HMRC Admin 25 Response
Hi Kamran,
If you are recharging business customers then these recharges would normally be vatable even if the supply to you is exempt.
However, if the supplies meet the conditions of a dispursement then these will be Outside The Scope Of VAT.
Please see the guidance below;
25. Supplies made by or through agents: other situations
Thank you. 

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