11–20 of 20 posts
A small business is still a business, and business tickets kind of subsidize personal tickets.
Difference in price between personal and business is a bit steep here, that’s the real problem.
Does Europe really need to have the VAT? Usually here (Canada) you give it if you want to tell the business selling you something not to charge you sale tax. If you dont, you just claim the sales taxes at the end or the fiscal year instead.
Does Europe really need to have the VAT? Usually here (Canada) you give it if you want to tell the business selling you something not to charge you sale tax. If you dont, you just claim the sales taxes at the end or the fiscal year instead.
Reclaiming VAT across borders, even within the EU, is incredibly annoying (at least last I checked - and AFAIK it can be flat out impossible too.) It's still an "export" for VAT purposes, so it's functionally akin to speaking to a customs agent on leaving the country of sale.
WARNING: UNEDUCATED AND POTENTIALLY IRRELEVANT AMERO-CENTRIC OPINIONS BELOW I tend to agree with the other commenter, this guy should have registered as an individual without his VAT number and just use whatever receipt they gave him to claim the expense. I'm far too lazy to deep dive into French tax but a quick skim of [0] indicates that you can submit a "receipt" in addition to an invoice. Sure you can get audited…
If he really can’t expense stuff, why does he even have a business card?
I’m on the conference side on this matter.
I don't really get the problem here, either you're going there privately, because you're interested in the topic, and pay the lower amount. Or you go there as a business trip and pay the higher amount. Why would they allow you to go there as a business while paying the lower amount, just because your business is only yourself?
I totally get it. When you get into the flow of routing expenses through your business, it feels extra bad when you're disallowed doing that.
I’m a bit surprised he pays taxes on revenue. I’ve run a similar type of single person company (different country, still EU) and I paid taxes on revenue less expenses. There were also no such thing as “keeping money in the company”, but I could expense the ticket and buy it with pre-tax money as a company or not expense it and buy it with post tax money as an individual. Sounds like he wants his cake and tax deduct i…
1. spend pre-tax money
2. and is VAT registered
3. so needs to quote a VAT number
4. but doesn't want to pay the "I'm a rich big company" ticket price
Earlier quoted context omitted.
Reclaiming VAT across borders, even within the EU, is incredibly annoying (at least last I checked - and AFAIK it can be flat out impossible too.) It's still an "export" for VAT purposes, so it's functionally akin to speaking to a customs agent on leaving the country of sale.
Why would you need to reclaim VAT? If you are a business and have a VAT ID, the seller should invoice you with 0% if it's a cross border sale and you need to report it to your government (reverse charge).
Earlier quoted context omitted.
Why would you need to reclaim VAT? If you are a business and have a VAT ID, the seller should invoice you with 0% if it's a cross border sale and you need to report it to your government (reverse charge).
Dude did you read the original article at all? The entire point is that they don't want to accept the VAT ID.