Please could someone with a company based in the UK let me know how the VAT/commission deduction works on app sales through Apple? If the customer pays £5.00 then is it as follows:
User pays = £5.00; 20% VAT deduction = 83p; Net = £4.17; 30% commission to Apple on net of £4.17 = £1.25; Net payment to developer = £2.92.
And does Apple provide a VAT statement on all sales too?
Thanks - can't work this out from the lengthy Paid Applications Agreement!
