VAT news tagged as "Principal"

United Kingdom

UK rules on mobile phone top-up VAT

January 26th, 2016

The UK’s First Tier Tribunal (FTT) recently clarified the rules around agents and principals, and their VAT liabilities, on mobile phone top-up cards – Phone Nation Ltd UKFTT 593 (TC) Phone Nation purchased top-up mobile phone cards from an agent, ePay, that brokered with the major phone service providers. Phone Nation then sold on …