VAT and paying your own taxes
Posted: Thu Oct 01, 2015 9:14 pm
Hi... Im completely confused on the VAT thing that adultwork has added.
I just got my head round them taking an extra percentage when you go to transfer but have now noticed that they charge you 20% when you go to feature yourself by the hour... as well as put another 20% on your cam rates per minute. .
However, my main question is.... I pay my taxes (self-employed taxes) ... I am just wondering where I will stand with that since Im now paying VAT? Im not expecting to not have to pay my taxes but would there be a reduction and/or would it count as one of my 'costs'... I have an accountant should i tell her that adultwork have put a VAT thing on? Or does it make no difference at all to my taxes?
Sorry if it seems like a stupid question, but thought it was worth asking.
If anyone could shed some light would be great
I just got my head round them taking an extra percentage when you go to transfer but have now noticed that they charge you 20% when you go to feature yourself by the hour... as well as put another 20% on your cam rates per minute. .
However, my main question is.... I pay my taxes (self-employed taxes) ... I am just wondering where I will stand with that since Im now paying VAT? Im not expecting to not have to pay my taxes but would there be a reduction and/or would it count as one of my 'costs'... I have an accountant should i tell her that adultwork have put a VAT thing on? Or does it make no difference at all to my taxes?
Sorry if it seems like a stupid question, but thought it was worth asking.
If anyone could shed some light would be great