GCC Indirect Tax Weekly Digest

Bahrain development

NBR publishes manual on changing VAT return filing frequency

The Bahrain National Bureau for Revenue (NBR) has published a new manual on the rules and process for taxable persons to apply to change their Value Added Tax (VAT) return filing period between monthly and quarterly. 

The manual also details the eligibility criteria and steps required to be completed in the NBR’s online portal in order to apply to change the filing period. 

Generally, businesses with less than or equal to BHD 3 million in annual taxable supplies file their VAT return on a quarterly basis, while those with annual taxable supplies of more than BHD 3 million in annual taxable supplies file on a monthly basis. 

The manual sets out the eligibility for requesting a change of period as follows:

• Businesses with less than BHD 3 million in annual taxable supplies may request to file on a monthly basis; and
• Businesses currently filing monthly may request to file on a quarterly basis if their annual taxable supplies are less than BHD 3 million. 

The guide further states that if the request to change the period is approved, the change will be effective from the beginning of the next filing period.

This digest is for information purposes only and should not be construed as advice. It does not necessarily cover every aspect of the topics with which it deals. You should not act upon the contents of this alert without receiving formal advice on your particular circumstances.