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Daniel Loyd

Daniel Loyd

Joined: 4/16/2025

  • EU Vat and Sole traders

    Wed, 16 Apr 2025 22:30:21 GMT – EU Vat and Sole traders
    I have taught a few classes on Preply this year and they just sent me a message about EU Vat based on the location of the student. My only student is in Poland. I've only made about 12USD (Preply is an American company and pays in dollars). If I teach one class a week, my entire annual income would be 52 x 6. That should be below Vat Registration and income tax thresholds. Do I still need to report this income, because of this new EU law?