Hi, I got a question concerning the invoice my Hub needs to add to the order.
I have a company and I print with invoices, but I dont know what to put on them concerning vat.
Small example
Subtotal (Your Revenue)€100.00Service Fee-€ 12.50You receive€ 87.50Customer Pays€ 100.00Correct me if I’m wrong but I need to substract the vat (21%) of what the customer pays because 3dhubs doesnt even mention the vat.
So I ask
Subtotal€ 82.64vat (21%)€ 17.36total€ 100.00But I can’t reclaim the 3dhubs vat because it states “VAT REVERSE CHARGED”
That means I get €82.64 - 12.50 = €70.14
The only problem I have now is that 3DHubs takes 15.13% instead of %12.5
And that is against the principle of vat where for companies it is a zero system and the customer pays all.
Where is my economics going wrong? Or if it is correct can someone explain how 3DHubs can get away without charging vat to customers or at leat take it into account for its own 12.5% calculation?
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Daan_26
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