Home   Value-Added Tax (VAT)   Accounting for VAT  

How to account for VAT

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

Repayment of VAT

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: 23 March 2023 Print this page

Back to homepage Back to top