VAT news tagged as "Withholding VAT"

Uganda

Uganda VAT update

June 17th, 2018

The Uganda 2018/19 budget contains a range of VAT rule updates, including: VAT returns are due on 15thof the month following the reporting period end VAT exemptions have been extended to certain construction services Key taxpayers will be required to withhold VAT where their customers fail to properly VAT register. There will be a UShs 37.5 …


Kenya

Kenya withholding VAT

October 10th, 2016

Kenya has reintroduced its withholding VAT, backdated it to 19 January 2016. The measure, designed to prevent VAT evasion, was first introduced in 2003. It is effectively a VAT split payment regime, similar to the one recently deployed in Italy.  It allows for the Kenyan Revenue Authority to collect VAT directly from the customer in …