Accounting and invoicing for upcycling and restoration
Refurbishing furniture, altering clothes, repairing bikes, selling finds: whoever repairs and refurbishes buys second-hand, works hours and sells or bills. Saldiqo separates purchase, working time and sale and shows what is left of each piece.
What comes up for upcycling and restoration
Buying second-hand
Flea market, classifieds and house clearances: buying often happens without an invoice. Self-made vouchers and notes matter.
Labour and material
Refurbishing takes hours, paint, fittings and fabric. The margin comes from everything together.
Commission and sale
Some pieces are refurbished for customers, others on spec and sold later.
How Saldiqo helps
- Commissioned work with a depositQuote, deposit, final invoice.
- Material per pieceAssign receipts by phone photo to a cost centre.
- Sale by invoiceInvoice for buyers who need one.
- OverviewIncome and expenses per piece.
Typical invoice lines
Examples that often appear on invoices in this industry. You set the prices yourself.
- Refurbish a chest of drawers, sand and varnish
- Reupholster a chair, fabric of choice
- Bicycle repair, labour hour
- Material as per receipt
- Collection and delivery, flat fee
- Deposit 30 % on order
Tax and invoicing in Cyprus
What applies to invoices in Cyprus, in short. As of October 2026.
- VAT
- Rates 19 %, 9 %, 5 % and 3 %, plus 0 % until 31 December 2026 for infant milk, nappies, hygiene products and fresh fruit and vegetables.
- VAT registration
- The threshold is €15,600 of taxable turnover over 12 months, or expected within the next 30 days. If you sell services to businesses in other EU countries, you generally register from the first sale. Until you are registered, Saldiqo leaves VAT off and adds up your turnover.
- What goes on an invoice
- Even businesses that are not VAT registered must issue invoices and receipts. Companies show their name, HE number, the words “private company” where they apply, and their registered office. Notes such as reverse charge appear in Greek and English.
- Invoice timing
- Issue invoices within 30 days.
- E-invoicing
- There is no mandate. Public bodies accept e-invoices (Peppol BIS 3.0) and suppliers send them voluntarily. EU rules follow from 1 July 2030.
- VAT returns
- VAT4 returns are filed online through TFA, quarterly with staggered periods, by the 10th of the second month after the period, moved to the next working day if it falls on a weekend. Saldiqo does not file returns.
- Record keeping
- Plan for 10 years. The minimum is 6 years, VAT records can need up to 7 years, and OSS records 10 years.
- Late payment
- Interest on late business payments is 10.40 %, plus €40 compensation between businesses.
- Languages
- Use Saldiqo in Greek or English and send invoices in either language.
Frequently asked questions
How do I record purchases without an invoice?
You record date, seller and amount in an expense, ideally with a self-made voucher or a photo. Which form your tax office accepts, you clear with your tax adviser.
Can I evaluate single pieces?
Yes, with cost centres per piece or project.
Do upcycling and restoration in Cyprus have to charge VAT?
Once they are registered, yes. The threshold is €15,600 over 12 months, or expected within 30 days. Services to businesses in other EU countries require registration from the first sale.
Do upcycling and restoration in Cyprus need e-invoicing?
No. Public bodies accept e-invoices through Peppol and suppliers use it voluntarily. EU rules follow from July 2030, so PDF invoices remain fine today.
How long should upcycling and restoration keep invoices?
Plan for 10 years: the minimum is 6 years, VAT records can need up to 7 and OSS records 10. You can store receipts digitally in Saldiqo. The legal duty to keep records stays with you.
Try Saldiqo for free
Write invoices, match payments, collect receipts and send reminders: free and without a trial period.
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As of October 2026. General information, not legal or tax advice, without guarantee. For your case ask your tax adviser.