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Speaking of "XXX for Stripe", is there someone working on a "EU VAT handling for Stripe" ? Currently, implementing VAT on Stripe (like Recurly does [1]) is a m
by thibaut_barrere 12y ago
Speaking of "XXX for Stripe", is there someone working on a "EU VAT handling for Stripe" ?
Currently, implementing VAT on Stripe (like Recurly does [1]) is a major pain, and I know of several companies which turned to other subscription systems just because of this.
[1] https://docs.recurly.com/vat#vat_valueadded_tax https://docs.recurly.com/vat#vat_valueadded_tax
- polimorfico 12y agoQuaderno manages all the EU VAT. You just have to include some metadata in your Stripe charges and Quaderno makes the Tax Invoice.
- thibaut_barrere 12y agoBy handling VAT properly, I mean this, to be accurate: - determine automatically if VAT is applicable based on buyer and seller countries, and show the appropriate price on checkout - support VAT bypassing when a valid VAT id is entered (if valid + buyer in EU but not in seller country, then the VAT must be removed) - if US buyer pricing is 100, in my case for a french buyer the pricing will be 100 + 20 of VAT, so the total is increased - handle invoicing Does Quaderno handles this? I was under the impression that not, but could be mistaken!
- thibaut_barrere 12y agoForgot to add - thanks for shipping this! Will be most likely useful to some of my clients :-)
- polimorfico 12y agoYes, Quaderno handles many of that requirements. Just create a Stripe Plan for every VAT case and assign a plan to your customer based on his country. Quaderno will create an invoice with tax amounts and all the tax data. I've just updated the homepage to add an example. Thanks for the feedback!
- TomGullen 12y agoIncluding reverse charging? VAT is complicated! Varies a lot depending on the goods you are selling as well.
- polimorfico 12y agoThat's the next step we want to give: send a credit note every time you make a reverse charging.
- Silhouette 12y agoIt also depends on whether it is goods you are selling. If you're providing services rather than a physical product, it's even worse, because now you don't even know where the services are deemed to have been supplied until you've read a whole bunch of rules.
- TomGullen 12y agoHere in the UK HMRC let you geolocate the buyer on IP address which is handy
- jamesdeer 12y agoNeed to be able to handle UK only VAT as well. Recurly is a pain in the ass as it forces you to charge VAT on all EU customers when under UK law we do not need to. RARGH!
- thibaut_barrere 12y agoVAT is a pain in the ass in general :/
- malditojavi 12y agoOnly if you and your customer are VAT registered https://www.gov.uk/invoicing-and-taking-payment-from-customers/invoices-what-they-must-include https://www.gov.uk/invoicing-and-taking-payment-from-custome...