I'm not going to name the company but am looking for advice about VAT practices compared with Alamy.
As anybody registered for VAT in UK knows with Alamy it is added to our payout and we then have to pay a share to HMRC each quarter. I use the Flat Rate VAT scheme so pay HMRC 16.5%/20 ths ( in the past it was 11/20ths so much more worthwhile but the govt changed it a few years back).
This other company - in the copyright infringement business so similar to Alamy in a sense of charging for image use - does the opposite and charges me VAT because they say they are providing me with a service and have no choice. Even worse this company first deducts a large service fee from the payment to them by the infringer, then splits the remainder 50-50 with me, but charges me VAT on the whole 100% not just my share ( excludes the service fee).
My question is how is it that Alamy adds VAT and provides a self-billing invoice of me charging Alamy for my net royalties commission? We as contributors invoice Alamy, so we are the ones providing the service ( our images) to Alamy, and not Alamy ( by licensing them) providing a service to us.
We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.
Question
geogphotos
I'm not going to name the company but am looking for advice about VAT practices compared with Alamy.
As anybody registered for VAT in UK knows with Alamy it is added to our payout and we then have to pay a share to HMRC each quarter. I use the Flat Rate VAT scheme so pay HMRC 16.5%/20 ths ( in the past it was 11/20ths so much more worthwhile but the govt changed it a few years back).
This other company - in the copyright infringement business so similar to Alamy in a sense of charging for image use - does the opposite and charges me VAT because they say they are providing me with a service and have no choice. Even worse this company first deducts a large service fee from the payment to them by the infringer, then splits the remainder 50-50 with me, but charges me VAT on the whole 100% not just my share ( excludes the service fee).
My question is how is it that Alamy adds VAT and provides a self-billing invoice of me charging Alamy for my net royalties commission? We as contributors invoice Alamy, so we are the ones providing the service ( our images) to Alamy, and not Alamy ( by licensing them) providing a service to us.
Link to comment
Share on other sites
7 answers to this question
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now