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We own a website which will sell items made by many different sellers all UK based, customer and seller. The end customer will 99% of the time not be VAT registered. We will take full payment for the items ordered and pass the orders on to the relevant sellers who will dispatch directly to the customer. For this service we will charge the seller a commission typically around 25%. Each month each seller will invoice us for their sales minus the commission. We will not be buying any stock. In order for this to work we need to be paying VAT on our commission not on the full sale price of the product, I believe this is referred to as acting as an agent. Would the above method of trading allow us to only pay VAT on our commissions. If not in what way would we have to change the proposed method of trading. If we are only liable to pay VAT on our commission, presumably our turnover is calculated from the commissions not from the total sales on the website. Any UK tax expert help would be greatly appreciated.

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