saralina87
2020-06-04 14:33:21
- #1
How do you come to that conclusion?It won't happen. Even if the partial payments are billed at 16%, you pay the difference with the final invoice next year.
How do you come to that conclusion?It won't happen. Even if the partial payments are billed at 16%, you pay the difference with the final invoice next year.
Because the service is only considered rendered upon final acceptance, 19% VAT is applied to the full amount in the final invoice. (§13 USTG). According to §14(5) USTG, all interim invoices including VAT must be deducted from the final amount.
Nananana, the VAT Act also recognizes partial services and not just advance invoices. One has to differentiate a bit.Because the service is only considered completed upon final acceptance, 19% VAT is applied to the total amount in the final invoice. (§13 USTG). According to §14(5) USTG, all advance invoices including VAT must be deducted from the final amount.
According to the theory, it would be the other way around, but in such a way that advance payments already made, which are currently billed at 19%, would have to be "recalculated" or newly billed at 16% in the final payment in the second half of the year if the trade is only completed in the second half of the year!?
Correct. But then individual services would have to be agreed upon and interim inspections between the client and the general contractor would have to take place. Then there would probably also be different limitation periods for the warranties.Nananana, the UStG also recognizes partial services and not just interim invoices. You have to differentiate a bit.