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BCMS Limited
'Coral'
243/1 Constitution Street
Mosta, MST 9052
MALTA

T: +356 2142-1111
M: +356 9947-5566
F: +356 2141-7118
E: rkg@bcmsltd.com

VAT Guidelines on for bad debt relief

The VAT Department has issued guidelines on how a taxpayer can claim VAT Relief on bad debts.

In summary the actual supplier registered under Article 10 of the VAT Act can claim VAT Relief on a supply for which he/she has not been paid provided various conditions have been satisfied.

These include amongst others:

The […]