Hi,
we provide a 3rd party service for a customer (a company) who provide a service to the general public. The company charge the general public a fee for the service and then we provide the service. The company charge the general public £X for the service which includes VAT. The company then pays us £X-Y for providing the service.
I had an email from the company saying.... We split the VAT with you, so we pay VAT on our portion, and you pay the VAT on yours. We don't charge you VAT.
Please can someone advise how I should account for this.
Thanks in advance.
Allan
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