Do transfer fees include VAT ?
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Thread: Do transfer fees include VAT ?
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21-01-2018, 20:27 #1U.T.A.
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Do transfer fees include VAT ?
Do transfer fees include VAT or are they +VAT ? and how does it work when buying and selling abroad?
I’ve tried to find this out elsewhere, but can’t really find the definitive answer. The combined brains of NSC will no doubt have the answer.
When Southampton sold Van Dijk the fee was £75m
Was that £75m +VAT (£90m) ? or £75m inc VAT (£62.5m) ?
Makes a big difference with how much money they have available to use to buy a replacement.
And how does it work when we buy or sell abroad?
£14m for Locadia. Do we pay Dutch VAT on top?
And did Liverpool get the whole £150m for Countinho?
Did it include the £25m VAT or did Barca pay the VAT on top?I have not forgiven Lewes Council, or DeVeggie, or Archer, or Bellotti, or Stanley, or Bailey, or Whiteside, or Challis, or Saints and Spurs for that 0-0 in 1978.
I don't get over things and I don't move on easily. OK?-
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21-01-2018, 20:30 #2Members
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and import Duty if not bought from EU ?
Fup off you fuppin' baxter!21-01-2018, 20:30 #3Members
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I could well be wrong but I thought that they were the fee required by the selling club + vat. Taking into account that the selling club will pay the VAT as output tax and the buying club will claim it back as Input VAT.
21-01-2018, 20:36 #4Members
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It should say on the receipt.
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- Glenn Murray, Sunday 4th March 201821-01-2018, 20:45 #5Members
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What does it matter if they pay VAT they will claim it back if they dont its the same...
21-01-2018, 20:54 #6"Prejudice is a great time saver. You can form opinions without having to get the facts"21-01-2018, 21:17 #7Members
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That is interesting reading and quite an eye opener.
Originally Posted by dazzer6666
This quote is hidden because you are ignoring this member. Show Quote21-01-2018, 21:23 #8Members
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Never bovered old ‘arry. Nor his dog.
21-01-2018, 21:39 #95 millionth post poster
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No vat on Locadia as on sales between eu vat registered businesses neither pays/claims vat so it doesn't matter if their vat rate is different. This will of course change with brexit potentially making eu purchases more expensive
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