When we look at the various cost categories of businesses, the value-added tax treatment is usually broken down by the percentage that is charged. When it comes to VAT on advertising, it’s easy to believe that its treatment will be fairly straightforward, with the cost classification falling into either the standard, reduced, or zero-rated categories. Once you read this post, though, you’ll understand that this is only partially true, especially when we consider advertising differences in online and offline contexts.
Source: vat4u.com
