The word I Finnish is 0-verokannan alainen liikevahito.
I couldn't get hold of my accountant and she didn't file VAT return which was due today. So I am trying to do it myself. I am trying to understand what that term means.
What I understand is zero vat rate is applied to the goods or service sold to a destination outside the EU. So the amount should be what I received from my clients. But in previous return she put an amount less than what I received. Doesn't turnover mean your gross revenue from sales or service?
VAT Return-Zero Rate Turnover
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Re: VAT Return-Zero Rate Turnover
The penalties for filing a couple days late are really minor. Much easier to wait to get a hold of your accountant and file late.Maaria wrote: ↑Tue May 12, 2020 9:14 pmThe word I Finnish is 0-verokannan alainen liikevahito.
I couldn't get hold of my accountant and she didn't file VAT return which was due today. So I am trying to do it myself. I am trying to understand what that term means.
What I understand is zero vat rate is applied to the goods or service sold to a destination outside the EU. So the amount should be what I received from my clients. But in previous return she put an amount less than what I received. Doesn't turnover mean your gross revenue from sales or service?
https://www.vero.fi/en/businesses-and-c ... sessed_ta/