Sole proprietor. I work 60/40. For example, I issue an invoice for €100, not subject to VAT. I would receive €60. But the person paying it has to pay 21% vAT on it, it seems. They are now going to deduct that from my €60! Is this allowed?
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
Sole proprietor. I work 60/40. For example, I issue an invoice for €100, not subject to VAT. I would receive €60. But the person paying it has to pay 21% vAT on it, it seems. They are now going to deduct that from my €60! Is this allowed?
Are you subject to VAT or are you exempted from VAT?
https://dexxter.be/subject-to-VAT-or-exempted-from-VAT-3-cijfervoorbeelden/?utm_source=learning_center&utm_medium=referral
And be careful: some professions are not eligible for exemption from VAT for small businesses.
You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.