Jump to content
riccarbi

Is there a way to set a higher payment threshold?

Recommended Posts

I know this may sound strange, but I'd like to set a higher payment threshold in My Alamy.
Though I'm happy I have to do it, since this means there is people who like my photos out there ;), the current threshold of $50 forces me to compile a VAT invoice each month, which is a bit annoying.
The possibility to set a higher payment threshold is a common feature, for example, for Google Adsense and affiliate marketing publishers, but I can't find a similar option in My Alamy's dashboard.
 

Share this post


Link to post
Share on other sites

Hooo! Hooo!

 

Can't wait to see the replies to this one.:lol:

 

Allan

 

 

Share this post


Link to post
Share on other sites

Why do you get VAT for sales in the UK when you're based in Italy?

Share this post


Link to post
Share on other sites
1 minute ago, vpics said:

Why do you get VAT for sales in the UK when you're based in Italy?

VAT applies across the EU. The rules are uniform.

Share this post


Link to post
Share on other sites
48 minutes ago, spacecadet said:

VAT applies across the EU. The rules are uniform.

 

For now maybe...

Share this post


Link to post
Share on other sites
2 hours ago, riccarbi said:

I know this may sound strange, but I'd like to set a higher payment threshold in My Alamy.
Though I'm happy I have to do it, since this means there is people who like my photos out there ;), the current threshold of $50 forces me to compile a VAT invoice each month, which is a bit annoying.
The possibility to set a higher payment threshold is a common feature, for example, for Google Adsense and affiliate marketing publishers, but I can't find a similar option in My Alamy's dashboard.
 

 

No, there's no option to be able to do this, riccarbi.  You could contact Alamy CR, but I doubt whether they are going to (be able to) make exceptions.

  • Like 1

Share this post


Link to post
Share on other sites
1 hour ago, vpics said:

Why do you get VAT for sales in the UK when you're based in Italy?

You are right saying that VAT does not apply (so far) for services provided by an EU-based VAT-registered business to another (that's my case). Nevertheless, at least in Italy, you still have to write, for every provided service, a regular invoice (though VAT-exempt) for both the Internal Revenue Service and the  Customs Agency.

Share this post


Link to post
Share on other sites
3 hours ago, Matt Ashmore said:

 

For now maybe...

The alternative is even more paperwork.

Share this post


Link to post
Share on other sites
4 hours ago, vpics said:

Why do you get VAT for sales in the UK when you're based in Italy?

As riccarbi says, VAT-registered traders don't have to charge VAT between themselves, but the still have to account for it. Alamy provides a compliant self-billing invoice.

So I understand. I've never been anywhere near the registration threshold personally.

Edited by spacecadet
  • Like 1

Share this post


Link to post
Share on other sites

Apologies, no wish to sound harsh, but really don't see the problem. All I do is copy the figures Alamy supply each month from their self billing system onto one of my invoices- takes me all of a minute.
Am I missing something...?

 

Share this post


Link to post
Share on other sites
28 minutes ago, TeeCee said:

Apologies, no wish to sound harsh, but really don't see the problem. All I do is copy the figures Alamy supply each month from their self billing system onto one of my invoices- takes me all of a minute.
Am I missing something...?

 

Believe me, you are very lucky you live in the UK. In italy, tax regulations are so utterly intricate that I have to send every tax-relevant piece of paper I make to my accountant (who charges me some euros only to take a look and include it in my monthly fiscal report....). Some years ago, I was fined some thousand euros because i didn't make a tax payment of...0 euros (I discovered I had to present the relevant module even if empty)

Edited by riccarbi

Share this post


Link to post
Share on other sites
1 hour ago, spacecadet said:

The alternative is even more paperwork.

 

Yes.. one of the many joys I anticipate Brexit bringing!

Share this post


Link to post
Share on other sites

If memory serves, the payment threshold was $250 (?) once upon a time. Perhaps Allan can lend you his time machine. :P

Share this post


Link to post
Share on other sites
1 hour ago, riccarbi said:

Believe me, you are very lucky you live in the UK. In italy, tax regulations are so utterly intricate that I have to send every tax-relevant piece of paper I make to my accountant (who charges me some euros only to take a look and include it in my monthly fiscal report....). Some years ago, I was fined some thousand euros because i didn't make a tax payment of...0 euros (I discovered I had to present the relevant module even if empty)

Same here - if there is one golden rule in the UK, it's "Don't Mess With The Vat Man!" (My accountant didn't use the word "Mess" when she passed on that advice ....)
Tax regulations are intricate, onerous and varied everywhere, certainly throughout Europe.
In the end, there is only the vat content that is relevant - you need to show that on an invoice, and your spreadsheets too. Unless the Italian VAT/tax authorities need you to sit in front of them as you type out every invoice, I cannot see how this can stretch much beyond a couple of minutes, no matter how crazy the system over there...

 

Edited by TeeCee

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.