I did some work on immovable property for a customer. His company (ordinary vAT-registered) is also located at this address. But the work was for his private use. Should the vAT be reversed here or not?
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.
I did some work on immovable property for a customer. His company (ordinary vAT-registered) is also located at this address. But the work was for his private use. Should the vAT be reversed here or not?
If I have understood it to be good, it is the use that counts. So if you have worked on a piece that is actually used by his company, vAT can be charged to the co-contractor.
If you have worked on a private piece, then it is not possible.
Thank you very much for your answer.
You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.