DMITRI SCHMIDT, Автор в Accounting Resources - Page 7 of 8

Taxation of services

In this article we will look at what types of services there are, who can be served and how to understand what VAT rate to choose when creating an invoice for your client in Nola Accounting. What kinds of services are there?

Project News - 03.06.2022

We are constantly monitoring feedback from our customers. In recent months we have received a lot of inquiries about multilingualism and the ability to create invoices based on past invoices. We are happy to inform you that we have added this functionality to Nola Accounting.

Tax-free humanitarian aid to Ukraine

If you would like to provide humanitarian aid to Ukraine, you can do it from your company as well. If you donate company money to the organisations listed below, there will be no tax for the company in connection with these donations.

What costs can be paid by the company?

In general, a company's expenses depend on the type of business. If a company owns a restaurant, food expenses are common, but if the company provides IT services, it can't have food expenses. In other words, such expenses would not be considered activity-related and would be taxable. But how do you know which expenses a company can have and which can' t?