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azertox
Community Member

VAT simple questions

Hi there,

 

I am a french citizen living in Bulgaria where VAT rate is 20%

 

Today I have no VAT number in Bulgaria but I would like to begin to work

 

Hourly rate : USD 20.00 / hr

Upwork service fee: USD -4.00 / hr

You'll be paid USD 16.00 / hr

 

Does this mean that once I will get my USD 16.00 for each hour worked, I will also have to register for a VAT in Bulgaria and then pay an additionnal 20% for the VAT in this country ?

Which will be 16.00 - 20% = USD 12.8 / hr

 

Thank you 🙂

4 REPLIES 4
g_vasilevski
Retired Team Member
Retired Team Member

Hi Raphaël,

Its best to advised with a tax specialist in your country on how to report your income and pay taxes to your country.

~ Goran
Upwork

Hi Goran,

 

thank you for the reply

 

Yes I will consult the tax specialist in Bulgaria

 

So basically I just would like to know if I have to take into account the amount of VAT after the "You'll be paid" amount 

g_vasilevski
Retired Team Member
Retired Team Member

Hi Raphaël,

 

Check out this Help Article about EU VAT, make sure to get a professional advise as well.

~ Goran
Upwork

Hi, I have exactly the same question as I am from Bulgaria. Did you find the answer? Thank you very very much in advance!

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