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Post Info TOPIC: VAT on Credit Card Sales fee passed to customers
MMaude


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VAT on Credit Card Sales fee passed to customers
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Hi there, can anyone advise me on how to treat the addition fee added to a retail credit card sale to cover merchant charges.  Would this be exempt from VAT?
Thanks Mary 

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Gemma12


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Hi Mary,

the issue of VAT on credit card sales merchant fees has just been lost  in a big case taken by Debenhams - it was deemed that the whole of the purchase price was undertaken in a single contract with Debenhams and therefore the price of the goods and the merchant fee were not two separate transactions and as such the whole transaction was subject to a single rate of VAT

hope this make sense

Gemma

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