To begin with, Abillio currently only provides invoicing to legal entities (individual and corporate) engaged in economic activities.
The majority of these businesses, like Abillio, pay value-added taxes.
This means that when Abillio invoices, VAT is added to the invoice, but the recipient of the invoice (your client), if a VAT payer, can recover the value-added tax.
As a result, when invoicing, you should include value-added tax.
For example, if you agreed with the customer that the fee for the service is 100 EUR, the invoice would be issued at that amount plus value-added tax (VAT) - 121 EUR. The VAT rate for Abillio will be calculated automatically based on customer and service information.
If the invoice is issued to a person or company that is not a value-added tax payer, the calculated tax will be at the expense of this entity because it is not a VAT-taxable transaction.
