ATTENTION VAT REGISTRANTS!!!!!
The reduced rate of Value Added Tax (VAT) of 12½ per cent on Commercial Supplies (Goods and Services) takes effect from February 01, 2016.
VAT Registrants whose period is January – February 2016 will be required to complete two (2) VAT Returns as follows –
- January 01 to January 31, 2016 which is due February 25, 2016
- February 01 to February 29, 2016 which is due March 25, 2016
These returns will be mailed to you in the usual manner.
This amendment is necessary to account for the different rates of VAT in each month and is only applicable to this period.