hi, I need help in how to present/structure two sales scenarios taking UK VAT into consideration for theatre ticket sales.
My business in not VAT registered. The clients who I will be working with are VAT registered.
I will be selling their products and and retaining a commission, then passing along their share. I will be selling to consumers, then passing along majority of sale to business (vendor).
eg. £20 sale. Vendor gets £15, we get £5.
Is similar to the above, but there is also a charity involved. From these sales we will donate a share to the charity.
eg. £20 sale. Vendor gets £14, charity gets £2, and we get £4.
My question is how do I present this for each scenario and do I need to VAT register? I'm not at the threshold yet (not even half way there). But these sales will likely take me over it.
I need to understand how best to proceed today. Willing to pay £20 for the answer.