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Once off VAT payments

Posted 23 November 2015 under Tax Q&A
Tallies says:
23 November 2015 at 16:10

Hi,

If my income exceeds some times 40,000. 00 per year but not every year, could I just register VAT on 1 amount as needed?

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TaxTim TaxTim says:
23 November 2015 at 16:56

VAT registration threshold is currently N$200,000 per annum - once off registrations are not allowed. The Threshold will also increase to N$500,000 as from 2016.


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