- Solar panel owners who generate and supply electricity back to the energy supplier are considered VAT entrepreneurs and must register with the Tax and Customs Administration.
- Private individuals and VvEs can use a flat rate to declare VAT due, but those who exceed the flat rate must calculate VAT themselves.
- Entrepreneurs with an annual turnover below €1,800 can omit registration and use the small business scheme, while those with a turnover under €20,000 can apply the KOR to prevent VAT levying.
- Applying the KOR has consequences such as no charging of VAT to customers and no right to deduct VAT. If not registered for the KOR, entrepreneurs must submit periodic VAT returns and owe VAT on private use and compensation received from the energy company.
Source BTW advies
