Administration profile: Tax section (Beta)

Disclaimer

All screenshots in the article were taken in the Dutch version of Yuki.

In this section you fill in the relevant data around taxes such as tax numbers and settings for VAT returns and ICP declarations.

Open the domain in which you want to create a new administration and then click on the Settings icon in the navigation bar. Then in the now-opened screen, click on Companies in the Domain section.

The following screen is always opened in the Default view:

In the upper right corner of the screen, click on the + Company button.

The following screen is opened:

TIPS!

• Fiscal number: this number is the RSIN number listed on the Chamber of Commerce extract.
  Sole proprietorships do not have an RSIN number.
• From 01-01-2020 a sole proprietorship must use a new VAT ID number. This number will be printed on sales invoices created in Yuki. This number no longer has a link to the citizen service number (BSN).
• From 01-01-2020, the ‘old’ VAT number will now be called the OB number (sales tax). This OB number is used for communication with the tax authorities such as filing the VAT return.

VAT info

• Indicate whether the company is liable for VAT. If no, then all invoices are entered without deduction of VAT in expenses or sales.
  
  
• Indicate with what frequency the VAT return should be filed:
  • Annual
  • Quarterly
  • Monthly.
    
    
• Indicate who will prepare ans send the VAT return: 
  • My accountant: the administrative office or accountant files the VAT return on behalf of the entrepreneur (customer).
  • The company: the entrepreneur (customer) wishes to file the VAT return itself.
    
    
• Please indicate with what frequency the ICP declaration should be filed: 
  • Annual
  • Quarterly
  • Monthly.
    
    ATTENTION!
    Yuki can only file the ICP declaration if it can be linked to a VAT return. Thus, the frequency with which the ICP declaration must be filed must be identical to the frequency of the VAT return.
    If the frequency of the ICP declaration does differ then the ICP declaration must be created outside Yuki and then created as a journal entry in Yuki.
    
    
• Indicate that the ICP declaration can be automatically sent along:
  • if an ICP declaration must be filed
  • if there will be no ICP transactions.

• Indicate whether the small business scheme (KOR) is to be applied from 2020. If yes, click on Add period. You can now add the KOR period.
  
  
  Enter here the start and possibly end date of the period in which the KOR for the administration is active.
  
  ATTENTION!
  The message in your screen that the small business scheme (KOR) is active only appears when you have logged out once and then logged in again.
  
  For a detailed description of the small business scheme (KOR) see article Small business scheme (KOR) from 01-01-2020.
  
  

Click on the Next button to save the data entered in this section and continue entering the data in the Legal form section.