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date: Mon, 4 Aug 2008 12:27:33 -0700 (PDT),
group: uk.business.accountancy
back
Google Fees and VAT
Hi,
im a bit confused about Vat.. and the fees charged by Google (and
paypal for that matter)
say i sell an Item for 251.87 net on my website here in th uk to a uk
customer I am obliged to collect 17.5% VAT on behalf of her majesties
government, £44.08 in my example giving a total of £295.95 to collect.
Now google will charge me fees of 1.5% £0.15 on the gross value
(£4.59). To my mind this doesn't seem correct as they are charging
their fees on top of the tax I am collecting on behalf of the
government.
surely the Google fees should be based on the net value??
Any thoughts anyone... / can someone put me straight on this.
thanks
BizziM
date: Mon, 4 Aug 2008 12:27:33 -0700 (PDT)
author: bizzi
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Re: Google Fees and VAT
On Mon, 4 Aug 2008 12:27:33 -0700 (PDT) Bizzi wrote :
> Now google will charge me fees of 1.5% + £0.15 on the gross value
> (£4.59). To my mind this doesn't seem correct as they are charging
> their fees on top of the tax I am collecting on behalf of the
> government.
>
> surely the Google fees should be based on the net value??
The same thing applies if you have a credit card merchant account -
the card acquirer percentage is applied to the gross amount.
--
Tony Bryer SDA UK 'Software to build on' http://www.sda.co.uk
date: Mon, 04 Aug 2008 23:23:42 GMT
author: Tony Bryer
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Re: Google Fees and VAT
On 5 Aug, 00:23, Tony Bryer wrote:
> On Mon, 4 Aug 2008 12:27:33 -0700 (PDT) Bizzi wrote :
>
> > Now google will charge me fees of 1.5% £0.15 on the gross value
> > (£4.59). To my mind this doesn't seem correct as they are charging
> > their fees on top of the tax I am collecting on behalf of the
> > government.
>
> > surely the Google fees should be based on the net value??
>
> The same thing applies if you have a credit card merchant account -
> the card acquirer percentage is applied to the gross amount.
>
> --
> Tony Bryer SDA UK 'Software to build on' http://www.sda.co.uk
hi Tony,
thanks for your comment, i guess its fine just doesn't feel right i
suppose
date: Tue, 5 Aug 2008 13:08:48 -0700 (PDT)
author: bizzi
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Re: Google Fees and VAT
>> Bizzi wrote :
>> > Now google will charge me fees of 1.5% + £0.15
>> > on the gross value (£4.59). To my mind this doesn't
>> > seem correct as they are charging their fees on top of
>> > the tax I am collecting on behalf of the government.
>> >
>> > surely the Google fees should be based on the net value??
>>
> Tony Bryer wrote:
>> The same thing applies if you have a credit card merchant account -
>> the card acquirer percentage is applied to the gross amount.
>
"bizzi" wrote
> thanks for your comment, i guess its
> fine just doesn't feel right i suppose
Why - do you just want Google to process the
'net' part of the payment, and not the VAT part?
date: Wed, 6 Aug 2008 11:47:45 +0100
author: Tim
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Re: Google Fees and VAT
On 4 Aug, 20:27, bizzi wrote:
> Hi,
>
> im a bit confused about Vat.. and the fees charged by Google (and
> paypal for that matter)
>
> say i sell an Item for 251.87 net on my website here in th uk to a uk
> customer I am obliged to collect 17.5% VAT on behalf of her majesties
> government, £44.08 in my example giving a total of £295.95 to collect> Now google will charge me fees of 1.5% £0.15 on the gross value
> (£4.59). To my mind this doesn't seem correct as they are charging
> their fees on top of the tax I am collecting on behalf of the
> government.
>
> surely the Google fees should be based on the net value??
>
> Any thoughts anyone... / can someone put me straight on this.
>
> thanks
> BizziM
What are Google charging you for?
date: Wed, 6 Aug 2008 06:13:52 -0700 (PDT)
author: PeterSaxton
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