Freelancers aren’t happy with Japan’s new invoice system
I don’t get it.<p>We have the same system in Germany.<p>If you’re a small business, you don’t pay VAT for the invoices you wrote, and your business customers cannot deduct any VAT when they buy from you.<p>If you’re a big business, you pay vat and your biz customers deduct that vat again from their own vat payments.<p>It’s all good and fair, no?<p>I guess that before, the VAT-paying customers were subtracting 10% of their payments to small companies from their VAT payments, as if the small companies had already paid VAT?<p>That was effectively a Japan-specific subsidy of small businesses with a hard cutoff at 10k.<p>I suppose that’s why people are complaining: they would like to keep their subsidies.