We are just starting with out shopify store but we are getting a bit lost in taxes etc. Hope you can help us.
So we have the Dutch nationality, but both of us are not registered anymore in the Netherlands. We are on a temporary working visa in Australia and also have an Australian bank account. Our shopify store will target the countries of the EU, however shopify will pay us on our Australian bank account.
In a few months, we will leave Australia and we will switch to payment on our Dutch bank account.
Now, how does this work with taxes? As mentioned, we are both not registered citizens anymore in our birth country and are on a working holiday visa in Australia.
Please help :)
Nick here from Shopify.
Thanks for explaining this all, taxes can be difficult to figure out on the best of days normally, let alone with changing countries.
The first thing I always say to someone who is asking about taxes is to visit your local tax office or a professional accountant in the area, but the circumstances are slightly different in your situation here. From what you have said above, if you are moving back to the Netherlands and will be mainly working from there and using a Dutch bank account, your best bet would be to go by Dutch tax laws, especially if you are aiming at EU customers.
The general rule of thumb is you would go by the tax laws of the address of where your store is in your admin. Shopify has a great guide for all things non-US taxes which you might find useful here. But as I mentioned I would look to set things up with a Dutch address and abide by Dutch tax laws if that's where you are going to be in the long term.
Hope this helps and answers your question. Don't hesitate to ask anything else should you need to.
All the best, Nick