VAT Implementation

VAT is an indirect tax which is levied at each stage of the supply chain. It can be classified into three categories:

• The standard rate of 5%
• Exempt goods
• Zero-rated goods

We can assist our clients in categorizing their goods and services in the above three classifications and assess the impact of VAT on their sales and profitability. By providing them with the pre and post scenarios, we can analyze the negative and positive impact of VAT on your business.