VAT Advice for Influencers and Online Content Creators
Online content creation is a booming industry, providing new ways for entrepreneurs and creatives to make a living. However, a lack of tailored VAT advice for influencers and online content creators means that many are unsure about how much VAT they may owe on their income streams, leading to potential issues with legal compliance and an exposure to assessments, penalties and interest.
At The VAT People, we offer expert advice on VAT for influencers, content creators and online entrepreneurs to help address this knowledge gap. We are able to provide a wide range of guidance and support services to help organisations decipher complex VAT issues, with a full understanding of the VAT issues affecting this fast-evolving marketplace.
By speaking to our specialist advisers, we will provide clear advice about the VAT treatment of the various income streams that influencers receive from social media platforms, advertisers and sponsors. This will give you peace of mind that all of your VAT obligations are being met, while also ensuring that you are not paying any more VAT than necessary.
For expert guidance on VAT issues for influencers and online content creators, contact The VAT People to discuss your circumstances today. Call us on 0333 3638 012 or fill out an online enquiry form and we will get back to you at a convenient time.
How we can help you
As one of the UK’s largest and most comprehensive sources of VAT and customs advice, The VAT People are ideally placed to provide online entrepreneurs with everything they need to know to effectively manage their VAT responsibilities.
Our highly qualified team of expert consultants work with clients across the country, and can provide influencers with clear and easy-to-understand advice on the following:
- Finding out how much VAT on income you owe across all of your online revenue streams
- Advising you on the VAT implications of all of the platforms and social networks you work with
- Offering guidance on when or if you are liable to register and account for UK and EC VAT, thus reducing the risk of an assessment for VAT, penalties and interest
- Helping you avoid paying VAT unnecessarily when none is due
Additionally, we are able to advise platforms that allow other businesses to sell e-services on their VAT responsibilities. This can be a complex area, as many platform holders are unclear on whether or not they are liable to account for VAT on supplies made to the end consumer by the business trading on the platform.
We understand that VAT issues can be extremely complex for influencers and online entrepreneurs. Many find the contractual relationships with social media platforms difficult to understand, especially since these companies’ contractual terms and conditions are frequently difficult to locate and decipher. In some instances, this leads to confusion about who should be classed as the service provider for the purposes of calculating VAT.
By calling on the experts at The VAT People, we can ensure that you have a clear understanding of exactly how all of the relevant VAT rules and are able to work out what you owe. We can also help you to plan the most efficient and cost-effective way of keeping on top of these obligations.
For a more general overview of the services we offer, you can also check out the following information pages:
- General VAT enquiries
- HMRC assessment reviews
- HMRC VAT investigations
- Partial exemption
- Transactional VAT advice
- VAT health checks
- VAT planning
- Deregistering for VAT
- Dispute prevention and resolution
- Reclaiming VAT from overseas
- VAT training
How we have helped others
The VAT People has experience of working successfully with influencers, content creators and other online entrepreneurs, helping them to manage their VAT requirements more effectively and achieve meaningful savings on their tax bills.
Here are just a few examples:
- Assisting a social media influencer earning income from members of his Facebook page to understand who he was classed as supplying - this helped to ensure that he did not account for VAT on supplies that were in fact outside the scope of UK VAT
- Advising a social media influencer using Instagram to understand when she was liable to account for VAT on income from promoting other businesses through her account
If you have questions about these or any other VAT-related issues, get in touch with The VAT People today.
To find out more about how our VAT advice for influencers and online content creators can help you, contact The VAT People today. You can get in touch either by calling 0333 3638 012, or fill in an online enquiry form to request a call back at your convenience.
If you’d like to learn more about our expert advisers, visit our team page.
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