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How to account for Value-Added Tax (VAT)

  1. Overview
  2. When VAT becomes payable
  3. How do you complete a VAT 3 return?
  4. Repayment of VAT

Repayment of VAT

Value-Added Tax (VAT) repayments are made directly to an account in a financial institution.

The Collector-General may withhold your repayments if you have outstanding tax returns. You should ensure that your taxes are paid, otherwise repayments may be offset against outstanding tax liabilities.

Published: 04 July 2024 Print this page

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