Legal - VAT
Completed VAT GUIDES
General VAT Guides
Name | Version Update | |
Guidance on VAT Withholding | July 25, 2022 | |
Guidance for Businesses Qualifying for Tax Credit and Tax Deferral Relief | April 7, 2020 | |
Procedures for VAT and Stamp Tax on Realty Transactions | July 22, 2019 | |
The Bahamas General VAT Guide | July 1, 2018 | |
VAT Guidance on VAT Free Breadbasket and Medication List | Under Construction | |
VAT Guidance on the Cash Accounting and Flat Rate Schemes | July 1, 2018 | |
VAT Guidance on Transitional Arrangements | July 1, 2018 | |
VAT Guidance on Invoices, Sales Receipts, Credit Notes and Debit Notes | March 17, 2017 | |
VAT Guidance on Filing Your Quarterly VAT Return | March 17, 2017 | |
VAT Guidance on Registration | March 17, 2017 | |
VAT Guidance on Completing VAT Group Registration Form | March 17, 2017 | |
VAT Guidance on Completing a VAT Return | March 17, 2017 | |
VAT Guidance on Accounting | March 17, 2017 |
Industry Specific Guides
VAT Act
Name | Version Update | ||
VALUE ADDED TAX ACT, 2014 | September 19, 2014 |
VAT Amendments
Name | Version Update | |
Value Added Tax (Amendment) Act, 2024 | June 27, 2024 | |
Value Added Tax (Amendment) Bill, 2024 | ||
Value Added Tax (Amendment) Act, 2023 | July 1, 2023 | |
Value Added Tax Amendment Act 2022 | July 1, 2022 | |
VALUE ADDED TAX (AMENDMENT)(NO. 2) ACT, 2021 | December 13, 2021 | |
VALUE ADDED TAX (AMENDMENT) ACT, 2021 | July 1, 2021 | |
Value Added Tax School Supplies Tax Holiday Order | September 18, 2020 | |
VALUE ADDED TAX ACT (AMENDMENT) | July 1, 2020 | |
VALUE ADDED TAX ACT (AMENDMENT) | August 2, 2019 | |
VALUE ADDED TAX ACT NO2(AMENDMENT) | December 31, 2018 | |
VALUE ADDED TAX ACT(AMENDMENT) | July 1, 2018 | |
VALUE ADDED TAX ACT(AMENDMENT) | July 1, 2016 | |
VALUE ADDED TAX ACT(AMENDMENT) | July 1, 2015 |
VAT Regulations
Name | Version Update | ||
VALUE ADDED TAX REGULATIONS | May 29, 2019 | ||
VALUE ADDED TAX REGULATIONS | May 30, 2018 | ||
VALUE ADDED TAX REGULATIONS | December 1, 2014 |
VAT Rules
Advanced Ruling
Name | Version Update | ||
Zero Rating of Professional Services | October 31, 2023 |
VAT Guidance Updates
The Ministry of Finance and the VAT Department continue to incorporate private sector feedback into revision of the VAT guidance notes. The notes foreshadow the administrative framework for the VAT to ensure that the private sector receives ongoing clarity about the VAT framework. Updates to sector specific guidance notes and the general VAT Guide will do this.
VAT Guidance Updates
Document Name | Version Update | |
Version 1 of Updates | ||
Version 2 of Updates |