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Israel bi-monthly VAT threshold

  • VAT
  • 04 September 2017 | Richard Asquith

Israel bi-monthly VAT threshold

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.

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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.