Virgin Affiliates adds UK Vat information to terms

Guard Dog

Guard Dog
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There is now a section of the terms at Virgin Affiliates which deals with those affiliates who are running a business as a ‘UK VAT registered company’. This is more of a billing / commissions term than anything else

NEW TERM, Commissions, UK VAT registered companies
8.6. If you operate your affiliate activities as a UK VAT registered company, you (the”Self-billee”) agree to: - accept invoices raised by Virgin Games Services Ltd (”Self-biller”) on your behalf until the end of the contract; - not to raise sales invoices for the transactions covered by this agreement; - to notify Virgin Games Services Ltd immediately if you: . change your VAT registration number; . cease to be VAT registered, or . sell your business, or part of your business


Summary:This term relates to UK VAT registered companies only, but since it relates to commissions, it would be very wise to read up.
Virgin Affiliates adds UK Vat information to terms
 
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