Deduction or refund of VAT incurred on electricity, water and telephone charges

Friday, October 19, 2018 - 11:00

In connection with Minister of Finance Publication No. 3361/S1 dated 9 October 2018, the VAT Directorate will not accept any deduction of refund of VAT on electricity, water and telephone expenses starting 1 January 2019 if the invoices are not in the name of the taxpayer or if they are still in the name of the previous owner.