How Is Commission Calculated?

Commission = Total Payment × your commission rate

The Total Payment is simply everything your Client pays for their event. This can include:

Room hire
Minimum spend
Food and drink, including bar sales
Packages
Service charge
Any extra services or charges added on or after the event date

What about VAT?

UK venues: we work out commission on the amount excluding VAT.
Ireland, Australia, USA, Canada and Singapore: we work out commission on the amount including local sales tax/VAT/GST.

Example
Your Client spends £1,000 in total (excluding VAT), and your commission rate is 12.5%.
Commission = £1,000 × 12.5% = £125

Tagvenue is VAT registered, so 20% VAT is added on top of the commission on our invoice (£125 + £25 VAT = £150).

Good to know:
There are no listing or subscription fees. Commission is only charged on successful bookings, and it funds the marketing, tools, and support that bring Clients to your venue.
If you’re not sure what counts towards the Total Payment, just ask the Bookings Team at bookings@tagvenue.com.
If you need assistance with invoices or payment obligations, you can reach us anytime at finance@tagvenue.com.
For full legal details, please refer to Section 4 (Fees and Commission) of the Tagvenue Terms and Conditions.