Dealers’ General Licence (Revised February 12, 2025)

This week’s #TaxationSimplified provides guidance on the procedure to be followed by Auto Dealers seeking to obtain a licence in order to successfully drive vehicles without having to pay the tax and register them. What is the Dealers’ General Licence? The Dealers’ General Licence is a licence issued by GRA to auto dealers allowing the [...]

VAT & INVOICES

#TaxationSimplified: VAT & Invoices If you have recently started your VAT Registered Business then this information will be of some assistance to you, as it relates to the issuance of taxable supplies and tax invoices. It is important to note that every VAT Registered person/ business must issue a tax invoice for every taxable good [...]

CHANGE IN BUSINESS INFORMATION

#TaxationSimplified: Change in Business Information Businesses often change their business activities to improve on their operations; doing so they often neglect to inform the respective authorities to ensure they remain compliant with those agencies. Have you recently considered making changes to your business or its operations? Then keep reading because this week’s #TaxationSimplified will provide [...]

VAT REGISTRATION

#TaxationSimplified: VAT Registration DESCRIPTION: Have you considered opening a business, where a ‘VAT-able’ service will be provided? Well before you do, here’s what you need to know as it relates to value added tax application. Let’s take a look at some of the frequently asked questions and the answers to guide you: UPON OPENING MY [...]