Revenue Administration in Sub-Saharan Africa - International Tax ...

Table 20: VAT filing, assessment and payment obligationsLegalCountryprovisionVAT registrationLegal provision Standardfor timethreshold over afor time limit of assessmentlimit of12 month periodsettlement of period for(USD) 103VATVAT refunds taxpayers on VATpaymentreturnsTradingactivities –Benin 79,890 Otheractivities –29,959Botswana 34,014 60 days and 30daysReturn andpayment dueafter VATassessmentAdministrativearrangementfor securingfunds forrefund 30 days 30 days immediately n.a. n.a. n.a. Burundi 80,000 30 days 30 days immediately Ethiopia 47,985 60 days 30 days immediately Ghana 9,453 104 30 days 30 days 30 days Kenya 62,775 105 None 30 days 21 daysTreasury sets amonthly limitto be set asidefor refundsMalawi 42,673 30 days 30 days 25 days n.a. Mauritius 68,291 106 45 daysLarge taxpayers –30 days Smalland Mediumtaxpayers -90days20 days for nonelectronicreturns, 30 daysfor others× Rwanda 26,120 30 days 30 days 0 days VoluntaryVATregistrationscheme103 Source: IMF (March 2010).104 The registration threshold only applies to the supply of goods. In the case of businesses supplying services, there is no registration threshold.105 Dealers in jewellery, pre-recorded music cassettes, timber, motor vehicle parts and accessories, and suppliers of more than 4 motor vehicles in a year are alsorequired to register irrespective of turnover.106 Certain businesses and professions are not subject to registration threshold such as domestic banks, insurance agents, management companies, lawyers,accountants, consultants.72