Re:Looking for Work After 25 Years of Octave
by raverbashing on Thursday February 09, 2017 @09:15AM
(#13607029)
I agree. You could get payment without a vat number though
[ Parent
| on HN ]
Re:Looking for Work After 25 Years of Octave
by usernam on Thursday February 09, 2017 @05:40PM
(#13611708)
In this case, there are also rules for the amount of income you're allowed to get without a VAT.
I'm pretty sure in most EU countries the profitability of a service supported by patreon (that is, a passive income in sub 10k range) would be almost nullified if correctly accounted for taxation.
I had long discussions with friends about legally accepting money for side projects. It's a very hard topic to discuss.
I'd be curious to know if anybody in an EU country is able to legally accept and declare a side income and retain anything more than 30%.