Israel bi-monthly VAT threshold
- Sep 3, 2017 | Richard Asquith
Israel has lowered for the annual sales threshold for the entitlement to submit bi-monthly VAT returns to ILS 1.49million from ILS 1.5million. This new threshold will apply from 1 January 2018.
Generally, businesses must complete monthly VAT returns when registered for VAT in Israel. Returns are due on the 15 of the month following the reporting period.