Automatically set aside the VAT on all your payments
Save valuable time by having the bunq app automatically calculate and set aside the VAT on all your incoming and outgoing payments.
How does it work?
Activate AutoVAT and the bunq app will automatically calculate the VAT on all your incoming and outgoing payments, then save it in a dedicated sub-account ready for the taxman!
Works great with... AutoExport
Set your bunq app to automatically export statements to your accountant each month and keep your records effortlessly up-to-date.
- From the Home tab, select the sub-account where you’d like to save the VAT.
- Tap on ⚙️ Settings.
- Choose 🟪 AutoVAT.
- Enable AutoVAT, choose the % and select which accounts should be considered when calculating your VAT.