VAT Refunds

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VAT refunds are applicable when an entity has more input tax claim than the output tax it is required to pay. Federal Tax Authority provide VAT refunds as well as adjustment of the refundable amounts in subsequent returns against the VAT payable liability. However, it is at the option of the entity to claim the VAT refund by applying to FTA for refund or wait for its adjustment against future VAT payable in subsequent returns.
 
Experts at Virtual Accountants LLC do provide VAT refund services at competitive rates where we contact FTA on behalf of the entity and provide the required information as per FTA guidance to process the refund.
 
 

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