Community

Are advance payments and vAT transfers the same thing?

JV
2024-10-06

Question

Hey everyone

As a self-employed person in secondary occupation, I made an advance payment. Now, at the end of quarter 3, I have to pay the vAT. Is the advance payment sufficient or are these two separate payments?

In other words, I have paid just over 800 euros as an advance payment. Do I also have to pay the 450 euros that I have to pay in vAT, or is the advance payment sufficient?

Kind regards,

Joris

Hello Joris,

The advance payment is for your personal income tax and the VAT payment is for VAT administration. The two are unrelated. So you will still have to pay the VAT.

Ask a question
Ask your question to the Dexxter community with over 25.000 sole traders and verified Dexxter experts.

30-day free trial. No credit card required.

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

Community

Other questions from the community

Entering a phone number as start-up costs

Monthly property rent costs

Bicycle leasing

How do I enter Mollie commission on webshop sale in my accounts?

garage, part of own home

Costs without invoice

Intra-Community listing

Income based on a user-based model

Invoices dexxter, where to find them?

Unfortunately! Our community is currently only open to people who are starting a trial period on Dexxter

Unfortunately! Our community is currently only open to people who are starting a trial period on Dexxter