Get Vat Return Form

Completing the Vat Return Form online is an essential process for taxpayers to report their value-added tax accurately. This guide provides clear, step-by-step instructions to help you navigate each section of the form with confidence.

Follow the steps to complete your Vat Return Form online.

1. Press the ‘Get Form’ button to access the Vat Return Form and open it in your online editor.
2. Enter the tax period covered by the return. Specify the start date in the format DD MM YYYY and the end date in the same format.
3. Fill in the details of the taxable person, including the taxpayer's name, TIN (Tax Identification Number), telephone number, email address, and cellphone number.
4. In section A, calculate the output tax. Enter amounts for exempt supplies, zero-rated exports, zero-rated supplies excluding exports, and standard-rated supplies, ensuring to exclude VAT from these figures.
5. Calculate the tax for applicable rates for standard-rated supplies, multiplying the relevant amounts by 15%.
6. Include any adjustments such as changes in use or other adjustments in the dedicated fields.
7. Sum all outputs to find the total supplies from the calculations provided in section A.
8. In section B, calculate the input tax by entering the amounts for exempt supplies received (including imports), zero-rated supplies received, non-registered business supplies, standard-rated domestic supplies, and standard-rated imports.
9. Similarly, calculate the applicable tax for these inputs by applying the rate of 15% where relevant.
10. Include adjustments for changes in use and other factors in section B.
11. Sum all inputs to determine the total amount from all entries in section B.
12. In section C, calculate the VAT payable or refundable by subtracting the total input tax from the total output tax.
13. Decide on whether you would like your VAT refund, if applicable, to be carried forward to offset future liabilities.
14. Sign the form in section D, certifying that the information provided is true and complete. Include your full name, designation, and the date of completion.
15. Once all sections are completed, save your changes. You can also download, print, or share the completed form as required.

Start completing your Vat Return Form online now to ensure timely and accurate reporting.