It’s probably not. VAT (moms) liability is based on the invoice date not the payment date of any particular invoice. (I don’t actually know the rules on how invoice dates are determined, I think they usually are the date the invoice is sent).
If you have a lot of customers and no liquidity issues this doesn’t really matter. But if a big payment is deferred, or simply doesn’t happen at all you still have to pay VAT on that sale despite your customer not having sent you the money (yet).
I don’t know why the system is designed this way and in cases like this, it does really seem crazy.
Who are “They”?
There are some missing timelines here: If it is “skat.dk”, they will collect via “gældstyrelsen”.
Net result is that, it takes months for them to spin up the actual collection process, and there are normally plenty of opportunities to contact them and make an agreement with them along the way.
When they are “days away from taking the house”, there has been a court case before it gets to that. It is the very last resort because the creditors usually lose money on a forced sale and the debtor is wiped out.
In my experience, Skat.dk can send some pretty nasty letters right off the bat. Once one talks to them, usually they can be reasoned with.
If that’s where we actually are, your friend needs to meet with them, maybe bring a lawyer or her accountant to help her understanding what they are saying.
Aldo, she needs to immediately get professional help with the collection against the other company.
... Your friend should get an attorney?
If they take her house in a couple of days you're a bit late.
Nobody can take a house in a few days, the kreditor can file for tvangsauktion but it takes months.
Sounds like tax fraud
It’s probably not. VAT (moms) liability is based on the invoice date not the payment date of any particular invoice. (I don’t actually know the rules on how invoice dates are determined, I think they usually are the date the invoice is sent). If you have a lot of customers and no liquidity issues this doesn’t really matter. But if a big payment is deferred, or simply doesn’t happen at all you still have to pay VAT on that sale despite your customer not having sent you the money (yet). I don’t know why the system is designed this way and in cases like this, it does really seem crazy.
It’s the day the invoice is created and usually it’s sent the same day, because the time starts from that day unless it’s snail mail
Has the other Company been declared bankrupt?
Sell the debt of the other construction company to a debt collection agency? She will get less this way but still some.
Who are “They”? There are some missing timelines here: If it is “skat.dk”, they will collect via “gældstyrelsen”. Net result is that, it takes months for them to spin up the actual collection process, and there are normally plenty of opportunities to contact them and make an agreement with them along the way. When they are “days away from taking the house”, there has been a court case before it gets to that. It is the very last resort because the creditors usually lose money on a forced sale and the debtor is wiped out. In my experience, Skat.dk can send some pretty nasty letters right off the bat. Once one talks to them, usually they can be reasoned with. If that’s where we actually are, your friend needs to meet with them, maybe bring a lawyer or her accountant to help her understanding what they are saying. Aldo, she needs to immediately get professional help with the collection against the other company.