Peppol deadline: 01-01-2026
00

Avoid fines

Peppol deadline: 01-01-2026
00

Avoid fines

Community

vAT exemption to subject to VAT: how to switch just before 25,000?

AV
17/05/2024
Question

Hi,

I am currently VAT exempted and estimate that I will exceed 25,000 in September. Liantis informed me that there are only two moments when I can easily switch, which would be on 1 July. According to them, I can also switch just before reaching 25,000, but that is less straightforward. Is that correct? I would prefer to wait until around 24,000, as I work partly with private persons and a price increase is not ideal. So I want to remain exempted from VAT for as long as possible (and not charge vAT on the amount for private persons) this year.

Gr
Anke

It is indeed easy to switch at the end of a quarter because you are then starting a new quarter and all invoices from then on will include vAT. You can edit from exemption to non-exemption on any date (but not vice versa!), but that requires more work in the accounts because you need to know exactly which invoices are from before and which are from after your exemption.

// I am not an expert and am only speaking from my own experience! :)

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

Resetting your account after the demo version
Prepaid expenses
Second-hand light goods vehicle
Entering expenses for my start in 2025 in the year 2026
Is a cash book required or not?
Is a credit note sufficient?
How do you draw up an expense invoice or expense allowance?
Installing a new kitchen
How do I combine a subject to VAT activity with a VAT-exempted activity in my accounts?

Helaas! Onze community is momenteel enkel toegankelijk voor mensen die een proefperiode op Dexxter starten