Farley And Partners

Who should Register and Charge VAT

  • All business with taxable supplies (sales) of D1, 000,000 and over in a tax year are required to compulsorily register and charge VAT.
  • In addition, businesses with taxable supplies of D500, 000 and above in a tax year may voluntarily register.
  • Businesses who do not meet these thresholds cannot register and cannot charge VAT.

VAT registrants for are required to :

  • Keep proper records of their business transaction
  • Display their Certificates of VAT Registration at all business premises.
  • Issues VAT inclusive invoices and receipts.
  • Advertise and quote prices inclusive of VAT.
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