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FORM VAT 135 See Rules 138, 139 and 140 ANNUAL STATEMENT (Please fill up Part 2/3/4 whichever is applicable) 1) General Information 1.1) Name : 1.2) Address : 1.3) TIN :1.4) Year : 1.5) Type of statement
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Start by gathering all the necessary information and documents needed to fill out form VAT 135 Annual.
02
Begin by filling in the basic details, such as your name, address, and tax identification number.
03
Provide information about your business, including the nature of your activities and the type of goods or services you provide.
04
Complete the section related to your taxable turnover for the year. This includes providing details about your sales, purchases, and any adjustments required.
05
Ensure that you have all the necessary supporting documents to back up the figures provided in the form.
06
Review and double-check all the information provided to ensure accuracy and completeness.
07
Sign and date the form before submitting it to the relevant tax authority.
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Retain a copy of the filled-out form for your records.

Who needs form vat 135 annual?

01
Form VAT 135 Annual is typically required by businesses and individuals who are registered for Value Added Tax (VAT) purposes.
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This form is used to report and declare the annual VAT figures, including the taxable turnover, sales, and purchases, for the specified period.
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Any entity or person meeting the criteria for VAT registration and liable to submit an annual VAT return will need to fill out form VAT 135 Annual.
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Form VAT 135 Annual is a document used for the annual reporting of VAT (Value Added Tax) liabilities and transactions by businesses to the tax authorities.
Businesses registered for VAT that exceed the threshold for VAT liability or that meet other criteria set by the tax authority are required to file Form VAT 135 Annual.
To fill out Form VAT 135 Annual, businesses must provide detailed information about their VAT sales, purchases, adjustments, and any other required data as stipulated by the tax authority.
The purpose of Form VAT 135 Annual is to ensure that businesses accurately report their VAT liability, maintain compliance with tax laws, and ensure proper assessment and collection of VAT.
Form VAT 135 Annual requires reporting of total sales subject to VAT, total VAT collected, total purchases subject to VAT, total VAT paid, adjustments, and any other relevant information.
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