Material tax on Devis
Karol
Answered
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I just heard I have been doing Devis regarding material incorrectly and I would like to just clarify if I am correct or wrong?
Example:
When I do my Devis and material cost is estimated to 1000 eur I have to include + 14% which I have to declare which would be 140 eur during declaration but I had add it 40% which would be my profit and don’t have to declare it?!?
But if we say the same example but the actual material cost was 700 eur I have to pay 14% on that (98e) and the rest I can put as profit including the 40%?
Hope it makes sense?
Many thanks