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A huge setback
Yesterday we found out that as a non-profit we can’t use the 10% VAT rate. And we can’t reclaim the 21% either. That’s €20.000 extra. And honestly — we don’t yet know how to solve it. We prepared carefully. Spoke to the accountant. Checked the numbers. Budgeted with precision. There was no room for surprises. We’re working with a tight budget, doing as much as we can ourselves. We truly thought we had covered it all. But regulations can be more complex than expected. I crashe
3 days ago
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