Community

Do large purchases for customers affect your annual turnover? Subject to VAT

LG
2025-01-29

Question

Hey,

If you have to make a purchase of 45,000 euros for a customer and you would charge 5,000 for your wages. Then your income states 50,000, but your actual profit is only 5,000. Does this affect your vAT type? I would like to remain vAT exempt, but i don’t know how to approach/record this larger project so that I can do so. Do you have the answer to this?

Thanks in advance!

We have answered your question in a video: https://vimeo.com/1052264869?share=copy

Thank you! Wow, that's a really clear explanation, thank you so much!

Ask a question
Ask your question to the Dexxter community with over 27.000 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

Contributing goods for start-up

Hotel expenses shared between colleagues?

FAVV Cost category

lamp oil

Credit note on investment

car leasing

Medical examination for driving licence C

Which name on the invoice: “Commercial name” or “Natural person”?

Peppol and VAT deductibility

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