The Bahraini National Bureau of Revenue Feb. 10 posted online a guide, in English, for 2023 VAT return requirements. Topics covered include: 1) the procedure for taxpayers to declare total purchases or imports subject to specific VAT rates, for purposes of claiming input VAT deductions; 2) the simplified VAT return form for 2023, with removal of the requirement to declare sales subject to the 5 percent VAT rate; 3) a sample VAT return filing scenario for supplies made in 2023; and 4) FAQs on VAT forms, zero-rated VAT return filing, and amended returns. [Bahrain, National Bureau for Revenue….
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