How to apply VAT reduction for small businesses (Dutch)

[Bogey]

Hi guys,

@Roeland As a matter of fact we’re discussing Dutch/EU VAT taxes here:

How to handle reverse charged VAT

That is correct. The supplier must issue an invoice without VAT. The following screenshot shows an overview of figures to be filled in a Dutch VAT form. There are five sections: the first four refer to amounts over which VAT has to be paid; the fifth shows the VAT amount to be paid, the VAT amount to be refunded, and optionally whether you qualify for a VAT deduction. For purchase invoices, lines 4a, 4b, and 5b will matter the most to most businesses. On line 4a, the total price of all pu…

@lubos What Roeland is referring to is field 5d on the Dutch tax form (in thread mentioned above).
It’s a formula used to give small business owners an extra VAT deduction.