Peppol deadline: 01-01-2026
00

Avoid fines

Peppol deadline: 01-01-2026
00

Avoid fines

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How do you get back the vAT from business purchases made in a quarter when your business did not yet exist?

JT
13/10/2021
Question


I have already entered all my major purchases (camera, laptop, editing mouse and keyboard, etc.) as depreciations.
What I’m noticing now is that the products with earlier invoice dates (the earliest is the laptop, 02/2021) are showing up in the quarterly returns before my sole proprietor existed.
Do I still have to submit all the quarterly returns for the tax year even though my sole proprietor did not exist at that time? The returns only state VAT refunds.

Or should I close the first three quarters in Dexxter and then re-enter the expense invoices?

Thanks in advance.

Thank you for your question!

For the time being, we work purely on the basis of the invoice date, so the date of your purchase invoice determines which vAT quarter your expenses are allocated to in Dexxter. Ideally, you should process your current expenses (from before you started) with an invoice date that falls within the current quarter. This way, it will take that expense into account for quarter 3 and include it in your vAT declaration for quarter 3.However, your question is high on our list of priorities. Before the end of this year, we will add the option to explicitly select the VAT quarter in which you want to add something. We will always make a suggestion for the vAT quarter based on the invoice date, but you will also be able to deviate from this yourself. This will be useful for expenses incurred before you started your business, for example.

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You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.

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