manred

got a uber eat invoice as follows - customer order 518.10, minus uber eat fee 67.37 and vat 13.47, net sale 437.26, then uber add back a thing called delivery fees 44, and some other unknow thing amounting to over 9pounds and paid me 490.37. the business is vat registered under flat rate scheme. should we count the 518.10 as gross sales or 518.10 plus 44 and other adj 9? my understanding is customer only paid 518.10, the add back is kind of deduction of uber own commission. is that right? if not, please advise why it is wrong. thank you

thank you for the reply. the situation is company a is the trading company and all its shares are held by company b, i am a director of both. Company B only has dividends income and buying properties and rented it out through agents. so I am aware that if B only has dividends, they are not associate companies. but what do you treat rental income? it is a kind of passive income as well, right? so should I treat company A and b as associates? thanks

that is the confusing part, hope HMRC can give a clear answer. so is the holding company only receives dividends and collecting rents form investment property, is it treated as an associate company to the trading co. ???????