HomeFAQsVAT → Can I apply to account for VAT on a cash basis?

Can I apply to account for VAT on a cash basis?

Normally taxable persons are required to account for VAT on an accruals basis. However in the following cases the VAT department may allow the taxable person to account for VAT on a cash basis:
   
  1. Retailers     
  2. Civil, mechanical and electrical engineering contractors
  3. Professional persons who hold a warrant to practice their profession
 

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