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Forums › ACCA Forums › ACCA ATX Advanced Taxation Forums › VAT Question on Packages
So I have an interesting question:
Within the betting and gaming industry, most items are Non VATable including bets.
If your selling a package to customers which includes, a bet, entry plus food and drink,
Would you then charge VAT on the whole of the package or would you split the package having the bet as a non VAT item?
My understanding is that if you selling a package to a customer where majority (90%) of the package is VATable then you charge VAT on the whole but does the industry make a difference.
