Hi All,
I have been trying to find out the answer to this question and no forum seems to quite have the same situation as myself. I am planning on becoming a freelancer in Germany and will work for a Pharam Company. I have got the position through a recruitment agency. I have an accountant and will set my self up as a freelancer when I arrive and pay income tax ... my question comes with whether I need to become VAT registered or not. As I will be technically invoicing the UK agency for the work I do, I have been told:
a) I do not need to,
b) I can't do that.
As I can see some perks and few negatives to being VAT/MSWT registered in Germany my question is should I be invoicing with VAT to UK agency or not. I do not want to get stung with a VAT bill at the end of the year but wouldn't mind writing off the tax of Work purchases like computers ... and keeping a chunk of that money either?
So am I legally obliged to VAT register?
Would I benefit from being VAT registered?
Thanks for any help in advance,
I have been trying to find out the answer to this question and no forum seems to quite have the same situation as myself. I am planning on becoming a freelancer in Germany and will work for a Pharam Company. I have got the position through a recruitment agency. I have an accountant and will set my self up as a freelancer when I arrive and pay income tax ... my question comes with whether I need to become VAT registered or not. As I will be technically invoicing the UK agency for the work I do, I have been told:
a) I do not need to,
b) I can't do that.
As I can see some perks and few negatives to being VAT/MSWT registered in Germany my question is should I be invoicing with VAT to UK agency or not. I do not want to get stung with a VAT bill at the end of the year but wouldn't mind writing off the tax of Work purchases like computers ... and keeping a chunk of that money either?
So am I legally obliged to VAT register?
Would I benefit from being VAT registered?
Thanks for any help in advance,
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