What should I do for the VAT return?
Like most freelancers, you probably have to file a turnover tax return (= VAT) per quarter. If you have a subscription with The Bookie, you don't have to submit it yourself, your Bookie will do that for you. You are, however, expected to send your invoices in time and upload forward your expenses (Plus subscription) or upload them yourself (Basic subscription).
- Do you have a Plus subscription? Then we can always process your declaration and you don't have to do anything anymore.
- With a Basic subscription, you always notify us before the 8th when your administration is complete.
Below we explain how to do that.
Sales invoices
By sending invoices from The Bookie Webapp, your income is automatically registered with your Sales. Therefore you do not have to do any extra for the VAT return.
Do you want to know how to send invoices or add sent invoices? Then read this article.
Expenses
By forwarding your expenses (with a Plus subscription) or by entering your received receipts and invoices of your costs (Basic subscription) into your Expenses, all your business costs are in The Bookie Webapp.
Do you want to know how to add expenses? Then read this article.
Deadline reminders VAT declaration
To ensure that we make every VAT return on time, we remind you every quarter to update your administration. You will receive the first quarterly reminder a week before the end of the quarter. In any case, update your administration before the 8th of the first month of the new quarter, so that we have enough time to check your administration and submit the declaration.
The deadlines for updating your administration are: April 8, July 8, October 8 and January 8.
Not sure whether you have to enter a certain receipt or under which cost item an expense falls? Then give us a call.
Click on 'Updated' button
Have a Basic subscription? When you have updated your administration, press the Administration Updated button on your dashboard that appears after the relevant quarter. After you have clicked on Updated you can no longer add or remove anything to your records. We do this to prevent misunderstandings. Have you forgotten a receipt or invoice? Then you can add it to the next quarter. If your quarter is closed, it will automatically be placed in the new quarter, even if the date is on the receipt or invoice in an earlier quarter.
Check and declaration by your Bookie
We now check and correct your administration and submit your declaration. You will receive the VAT return with the amount that you have to pay, the payment reference and the final payment term in The Bookie Webapp. Based on your administration and corrections that we do, we may give you tips on how to prevent errors and benefit.
Bear in mind that the amount that you have to pay must always be received by the Tax Authorities before the end of the month.
Deadline not met
If you have not yet clicked on Updated on the 20th of the first month of the new quarter, then you are responsible for making and filing your own VAT return. We expect you to send us a copy of the PDF of the tax rerturn zo we can add it to your file.