Facebook Ads Tax in UK?

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People who live in the UK and use Facebook Ads, how do you handle the situation regarding tax?

When using an FB Business Manager account, it has the option to add an EU VAT number. As far as I know I don't have an EU VAT number.

The article on FB says that for business purposes VAT isn't charged, but it mentions that you need to self-assess your VAT charges which I'm unsure of how that's done.
#pay per click/search engine marketing (ppc/sem) #ads #facebook #tax
  • If you're a UK resident and operating a UK-based business, you're required to register for VAT if your annual turnover passes the threshold (currently £85k).

    Under certain circumstances, it could be worth your while registering even if your turnover is below that threshold, but that's a conversation you need to have with an accountant.

    In the meantime, you can find more details on the HMRC website:

    https://www.gov.uk/vat-registration


    • [ 1 ] Thanks
  • You don't say whether or not you're employed, self-employed, or Ltd.

    I'm Ltd. so I just document it in my Y/E accounts, PPal or bank account. For my SA1 I just make reference to my Ltd. and my accountant does the rest

    I suggest you talk to a good accountant
    • [ 1 ] Thanks
    • [1] reply
    • I'm self employed.

      As you recommend to hire an accountant, does that mean the self assess process is more complicated than just declaring on your annual tax return how much you've spent on Facebook Ads?
      • [1] reply
  • Facebook is going su*k as more and more time will pass.
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    Facebook Ads Tax in UK?

    People who live in the UK and use Facebook Ads, how do you handle the situation regarding tax? When using an FB Business Manager account, it has the option to add an EU VAT number. As far as I know I don't have an EU VAT number.