We have been informed that the Office of the CfR has embarked on an exercise to align VAT periods with the Recapitulative Statement reporting periods, with VAT periods being changed to calendar quarters.
Qualifying VAT numbers which previously had a period ending May 2023 have now been moved to June 2023 (with the VAT return for the period due on 15.08.2023).
MIT Members are encouraged to check the VAT eServices to verify whether the tax period has been adjusted as above-described (where applicable).
Taxpayers are being notified individually either by email or letter.
|