VAT Refunds as Income

Wouter says:
25 June 2015 at 14:58

If you are a registered for VAT and your receive VAT refunds, do you have to declare that refunds as a income on your TAX return? If so, under which section will that be?

This entry was posted in Tax Q&A and tagged . Bookmark the permalink.

TaxTim TaxTim says:
25 June 2015 at 15:39

VAT refunds are not taxable, you need not declare the income.

Get Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.