No items found.
By
Clemens Lode
,
May 15, 2024
A picture of flowers.

Mastering EU VAT Invoice Collection for KDP Self-Publishing

Self-publishing on KDP? If so, you've probably wrestled with VAT invoices. In this article, we will explore what VAT invoices are, how to get one from Amazon’s KDP business, and even how to automate your invoicing process.

Understanding VAT and Its Invoices


VAT, or Value Added Tax, is a consumption tax implemented at each value addition stage in the supply chain. A VAT invoice is a document that a VAT-registered business must produce for every sale. It details the VAT amount payable, among other items, proving invaluable for VAT-related purposes.

Obtaining VAT Invoices from Amazon KDP Business



So, how do you get a VAT invoice from Amazon's KDP business? Simple, you access your [Amazon KDP account](https://kdp.amazon.com/), navigate to the Reports tab, then Prior Months’ royalties, where you can download monthly VAT invoices.

Dealing with Taxes from KDP Book Sales


Regarding KDP book sales, you might ask, "Do I have to pay taxes?" Yes, regardless of where you live, paying taxes on royalties collected from KDP book sales is mandatory. These royalties represent income, and Amazon takes out a portion as withholding tax per its agreements with tax bodies.

VAT in the Publishing Industry



VAT in publishing, particularly e-book publishing (Amazon KDP), varies across EU member states. Its chargeable rate depends on the buyer's country, not the seller's, a crucial distinction to note for KDP self-publishers.

Automating Your KDP EU Invoices



As per our above discussion, keeping track of, converting, and maintaining your invoices can be a lot of work. Thankfully, there's a way to convert your Amazon KDP EU invoice XLSX to PDF automatically, slashing your [Amazon KDP tax admin time by half](https://www.lode.de/slash-your-amazon-kdp-tax-admin-time-in-half-with-automated-invoicing). Automating this process, especially for EU-based self-publishers, can mean less administrative hassle and more time to focus on what truly matters: your writing.

In summary:


1. VAT invoices are necessary documents for VAT-registered businesses detailing the VAT payable.
2. Amazon KDP authors can access these invoices through their KDP accounts.
3. Authors are required to pay taxes on the royalties received from KDP book sales.
4. The VAT rate in publishing depends on the buyers location within the EU.
5. Finally, automating your VAT invoices conversion process can save a significant amount of time.



With this knowledge, you’re now equipped to better tackle VAT invoicing as a KDP self-publisher in the EU. Happy publishing!

Related Books and Services

No items found.
No items found.

Recommended Further Reading

May 15, 2024

About the Author

Clemens Lode

Hello! My name is Clemens and I am based in Düsseldorf, Germany. I’m an author of books on philosophy, science, and project management, and coach people to publish their books and improve their approach to leadership.

I like visiting the gym, learning to sing, observing animals, and creating videos on science and philosophy. I enjoy learning from nature and love the idea of optimizing systems.

In my youth, I was an active chess player reaching the national championship in Germany, and an active pen&paper player leading groups of adventurers on mental journeys. These activities align with my calm approach to moderating meetings, leading meetups, and focusing on details. My personality type in socionics is IEE/ENFp.

Read more...
Clemens Lode

Related Blog Posts

No items found.

Related Topics

No items found.

Do you have a question about our services?

Reach out, we'd love to hear from you! Schedule a video chat or message us by e-mail or WhatsApp!

Send us an e-mail (mail@lode.de).

Reach out to us via WhatsApp.

Set up a free call with Calendly.

Or send us your question or comment here and we'll get back to you ASAP:
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Rate us at Trustpilot