Is the Xolo Go fee applied to the amount with or without VAT?

Last updated: November 26, 2020

Xolo Go fee 5% is applied on the net sum i.e. without VAT.

For instance, if you receive €100 + 20% VAT = €120 from your customer, the VAT (which has to be paid to the authorities) gets deducted from your Xolo Go account and it will be paid to the tax authorities by Xolo Go.
This leaves €100 to your account for expenses and withdrawal.

Did this answer your question?

Related articles