How to complete VAT submissions with 2018 changes

Jun 4, 2018 | Taxation Blog

As you are aware the VAT rates were increased from 01 April 2018 from 14% to 15%.

This will impact your March/April VAT submissions which would have both 14% and 15% sales and inputs.

Attached please find a template which would assist you with the completion of this return.

Please also be aware that certain transactions in April will still be at the 14% rate.

Should you require any further assistance, please do not hesitate to contact us.