search

madisvain / upcount

Invoicing for freelancers & small businesses
https://upcount.app
GNU General Public License v3.0
364 stars 72 forks source link

Ability to show net (taxable) sums per tax rate #62

Open KurtMar opened 4 years ago

KurtMar commented 4 years ago

EU directive 2006/112/EC mandates that the taxable net amount is displayed per tax rate. The current invoice for Upcount is in compliance when there are only line items of a single tax rate. However if there are more than one tax rate (depending on the country e.g. shipping, travel, sports) then the invoice does not meet the requirements.

Accountants might know better if this is true across the board, but to make it easier for accounting also the VAT amounts are usually displayed per tax rate.

https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32006L0112&from=EN#d1e6517-1-1 TITLE XI - CHAPTER 3 - Section 4 - Article 226:

(8) the taxable amount per rate or exemption, the unit price exclusive of VAT and any discounts or rebates if they are not included in the unit price

madisvain commented 4 years ago

@KurtMar this makes perfect sense - thank you and I will make this improvement so all the tax rate amount are displayed separately