Taxi Driver Online

But if the driver gets 100% of the account job then a circuit could be viewed as an agent, and thus not have to pay VAT.

viewtopic.php?f=13&t=7721

(Thanks JD)

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IDFIMH

But if a circuit pays less than 100%, VAT is due as the circuit is acting as principal.

viewtopic.php?f=13&t=6375

(Thanks JD)

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IDFIMH

Another interesting read.

viewtopic.php?f=13&t=6741

Circuits may think having loads of rules and regulations are fab, but if they take a cut of cash or account work, they are liable for 100% of the VAT.

(Thanks JD)

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IDFIMH

So based on my drivers getting 100% of the money for account work (we don't take a cut) and they keep 100% of cash work money (we don't take a cut) then I don't have to account for VAT on any money from cash or account work. I only have to account for VAT on the money the drivers pay for the use of the car.

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Grandad,

I think as you are contracted to do the work, and you bill the customer directly, and you stand the loss should you be bumped, then you should be charging VAT on the full amount.

And your drivers have no control over the rates charged.

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IDFIMH