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  1. #1
    Cus81 is offline Public Member
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    Default How does VAT work with Gamesys?

    After 7 years outside of the UK, I am considering moving home and incorporating.

    One of my main accounts is Gamesys and I was wondering how they deal with VAT? If an aff is VAT registered, will they pay the VAT on top? I have few outgoings to be able to claim VAT back so the answer to this question will probably make or break whether i return to the UK.

    Thanks in advance.

  2. #2
    dailera is offline Private Member
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    They are paying via Gibraltar company, so there no VAT and no VAT registration.

  3. #3
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    wonderpunter is offline Private Member
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    Quote Originally Posted by dailera View Post
    They are paying via Gibraltar company, so there no VAT and no VAT registration.
    In Gibraltar yes but as an EU Zone doing business outside their country they are obliged to pay VAT in the UK if using UK services, Same if in Germany, they can use a reverse charge or claim it back but it does not let them escape paying VAT in other countries,.

  4. #4
    Cus81 is offline Public Member
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    Does this mean I have to pay the VAT or is it something they will have to sort out with the tax office themselves?

  5. #5
    Cus81 is offline Public Member
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    Does anyone else have input on this?

  6. #6
    Triple7 is offline Private Member
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    Quote Originally Posted by wonderpunter View Post
    In Gibraltar yes but as an EU Zone doing business outside their country they are obliged to pay VAT in the UK if using UK services, Same if in Germany, they can use a reverse charge or claim it back but it does not let them escape paying VAT in other countries,.
    They're based in Gibraltar? In that case a commission of € 1.000, I invoice as € 1.000 with 0% VAT, because Gibraltar is not EU. If they would be based in for example Sweden, I would apply for reverse VAT charge, neither there wouldn't be any VAT on the invoice. Just if they're in the same country as where I am based and VAT is for example 19%...

    In that case, 19% is VAT, so I invoice € 810 commission and € 190 VAT. Or somehow, they must pay extra for my VAT, than it would be € 1.000 + 19% VAT, but the last case isn't happening that much.

    The best thing is to ask an accountant. Tax things can be a game changer if it's about where to live.
    Last edited by Triple7; 24 March 2017 at 10:18 am.

  7. #7
    PhilF (ex-WhichBingo)'s Avatar
    PhilF (ex-WhichBingo) is offline Public Member
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    Our invoices to them go to Gib and no VAT on them ever.

  8. #8
    LejonBurg is offline New Member
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    Quote Originally Posted by whichbingo View Post
    Our invoices to them go to Gib and no VAT on them ever.
    When I receive payments from my bank the payment have this address:

    Mice and Dice Limited Euro
    Mice And Dice Limited, C/O GameSys
    LTD Group, 4th Floor
    GB


    Details of Payment:
    Gamesys Affiliates

    If so, their VAT number seems to be active and it's GB853750806.

    But GameSys also seems to have other companies:
    GAMESYS (HOLDINGS) LIMITED
    22 GRENVILLE STREET, ST HELIER, JE4 8PX, JERSEY
    company number: FC032413


    GAMESYS LIMITED
    4TH, FLOOR 10 PICCADILLY, LONDON, W1J 0DD
    company number: 04042931


    GAMESYS SOCIAL GAMES LIMITED
    10 PICCADILLY, LONDON, UNITED KINGDOM, W1J 0DD
    company number: 11199607


    So who is Mice and Dice?
    Company Registration Number: 05021910
    Nature of Business: 73110 - Advertising agencies
    Private Limited Company
    ACTIVE

    Previous Names
    GAMESYS MARKETING SUPPORT LIMITED 24/08/2005
    GAMESYS SUPPORT MARKETING LIMITED 27/09/2004
    PROFITABLE PLAY LIMITED 11/05/2004

    But I don't seem to be able to find a VAT number for them.

    Since GameSys and Mice And Dice share the same adress and Mice and Dice previously have been named "GameSys..." and GameSys have several companies, one is in Jersey which doesn't use VAT and Mice and Dice doesn't have a VAT-number but GameSys does for some of it's companies but both are located in UK, and GameSys does not answer my emails about this issue.
    The conclussion is that I have a headache and I wont deal with this ****.

  9. #9
    allaboutthebets's Avatar
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    Quote Originally Posted by LejonBurg View Post
    When I receive payments from my bank the payment have this address:

    Mice and Dice Limited Euro
    Mice And Dice Limited, C/O GameSys
    LTD Group, 4th Floor
    GB


    Details of Payment:
    Gamesys Affiliates

    If so, their VAT number seems to be active and it's GB853750806.

    But GameSys also seems to have other companies:
    GAMESYS (HOLDINGS) LIMITED
    22 GRENVILLE STREET, ST HELIER, JE4 8PX, JERSEY
    company number: FC032413


    GAMESYS LIMITED
    4TH, FLOOR 10 PICCADILLY, LONDON, W1J 0DD
    company number: 04042931


    GAMESYS SOCIAL GAMES LIMITED
    10 PICCADILLY, LONDON, UNITED KINGDOM, W1J 0DD
    company number: 11199607


    So who is Mice and Dice?
    Company Registration Number: 05021910
    Nature of Business: 73110 - Advertising agencies
    Private Limited Company
    ACTIVE

    Previous Names
    GAMESYS MARKETING SUPPORT LIMITED 24/08/2005
    GAMESYS SUPPORT MARKETING LIMITED 27/09/2004
    PROFITABLE PLAY LIMITED 11/05/2004

    But I don't seem to be able to find a VAT number for them.

    Since GameSys and Mice And Dice share the same adress and Mice and Dice previously have been named "GameSys..." and GameSys have several companies, one is in Jersey which doesn't use VAT and Mice and Dice doesn't have a VAT-number but GameSys does for some of it's companies but both are located in UK, and GameSys does not answer my emails about this issue.
    The conclussion is that I have a headache and I wont deal with this ****.
    There offices are actually close to where I live in sunny Stoke On Trent

    I would email and ask them for clarification. It's all done for them to pay lower tax. Surprised companies don't register in Ireland like I think Amazon and Facebook do an pay next to little tax.
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  10. #10
    GlitzyBingo is offline Private Member
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    Quote Originally Posted by allaboutthebets View Post
    There offices are actually close to where I live in sunny Stoke On Trent

    I would email and ask them for clarification. It's all done for them to pay lower tax. Surprised companies don't register in Ireland like I think Amazon and Facebook do an pay next to little tax.
    I ask Gamesys the VAT question every year and its the same answer and as far as I am aware nothing has changed in the past few months. Payments are made from Gibraltar therefore does not come under UK VAT.
    Glitzy Bingo - glitzybingo.co.uk

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