Skip to main content
VAT for Finance Teams

How does VAT work for Finance Teams and Learnerbly

Galina Grkovikj avatar
Written by Galina Grkovikj
Updated over a year ago

At Learnerbly the cost to the company of resources purchased on our platform will always exclude VAT that we are able to reclaim. Resources that are purchased that incur VAT will show as the VAT-exclusive amount on your monthly breakdown of spend. I.e. if Learnerbly can reclaim VAT for resources purchased then you will not be charged for it. This is done regardless of whether we charge you as the customer VAT on your learning credits.

Example 1

  • Learnerbly charge Company A £1,000 for Learning credits, plus UK VAT at 20% (£1,200)

  • A user from Company A purchases a £200 course that incurs UK VAT at 20% (£240)

  • The user will have £240 deducted from their learning budget

  • The company will have £200 deducted from their balance

Example 2

  • Learnerbly charge Company A £1,000 for Learning credits, plus UK VAT at 20% (£1,200)

  • A user from Company A purchases a £200 course that incurs non-UK sales tax at 20% (£240)

  • The user will have £240 deducted from their learning budget

  • The company will have £240 deducted from their balance

Contact us

If you need more assistance, please send us an email to the corresponding emails:

Did this answer your question?