Israel bi-monthly VAT threshold

Mon 4th Sep 2017

Israel has lowered for the annual sales threshold for the entitlement to submit bi-monthly VAT returns to ILS 1.49million from  ILS 1.5million.  This new threshold will apply from 1 January 2018.

Generally, businesses must complete monthly VAT returns when registered for VAT in Israel.  Returns are due on the 15 of the month following the reporting period.

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