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Frequently Asked Questions on VAT

Last updated on 08 October, 2018


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Why submit a Voluntary Disclosure?

Any error or omitted value in a tax return or tax refund application may lead to a miscalculation of your payable tax or refund amount. To rectify this and avoid any  legal consequences, you must submit a Voluntary Disclosure. In some cases, you may also need to rectify an error in the tax assessment sent to you by the FTA. Whether your Voluntary Disclosure is optional or mandatory depends on whether the calculated payable tax amount is higher or lower than it should have been. 

For tax returns and tax assessments:

  • If the calculated payable tax is more than what it should have been, submitting a Voluntary Disclosure is optional, but not required.
  • If the calculated payable tax is less than what it should have been, submitting a Voluntary Disclosure is mandatory.

For tax refunds:

  • If the calculated refund amount is more than what it should have been, submitting a Voluntary Disclosure is optional, but not required.
  • If the calculated refund amount is less than what it should have been, submitting a Voluntary Disclosure is mandatory.
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