Update on EU Invoicing - getting there

Since I've been getting personal messages frequently, here's an update.

*** EDIT: All I want to say is, that they are working on it. I'm not a tax advisor.***

I usually like to help and answer every single message, but for now I really can't explain everything in detail to everyone or over the phone. Please don't take it the wrong way. Not ignoring you, just trying to manage time wisely. Especially now that I've caught a flu 🤧.

@Sam Ovens

sent me the latest updates on Friday and asked for feedback, which I discussed with my tax advisor. I still had a few points of criticism, but soon we should be able to do something with these invoices and finally use the in-built payment system.

Just to clarify further questions, this is about the invoices. How your contractual situation with customers is, is a different story.

Especially these two main points were discussed:

📍Skool is the invoice issuer. Therefore, the company address and VAT ID (UST-ID) are now listed there. Your group name appears twice. Once as a product description and once as a logo with the note "via Skool."

The VAT ID or tax ID of your customer is also listed there.

VAT must be stated, even if it is zero, to make it clear whether Skool has paid VAT to the US tax office and thus you no longer have to, or if you still need to pay VAT here in Germany, e.g., due to reverse charge.

📍Since Skool is the invoice issuer, we need a credit note invoice. I was also shown a template for this.

So things are moving, even if slowly.

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