Monthly Value Added Tax Return

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1 Monthly Value Added Tax Return (This Form will be used by all persons registered for VAT or required to pay VAT under The VAT Act, Cap 349. To be completed and submitted by the 15 th day of the month following the period of return. You will incur a penalty if you fail to submit a return within the required time) Please fill in CAPITAL letters where applicable, and sign the declaration. If you have any query regarding any of the questions consult the nearest URA tax office. Form DT /2016 Toll Free Number Section A- Taxpayer Information 1) Taxpayer Identification Number (TIN) 2) Name of Taxpayer 3) Tax Period: 4) Physical Address: 5) Contact Number: 6) Postal Address 7) Nature of business: 8) Do you want to declare VAT on Imported Services without VAT registration? (If yes then complete section H and Schedule 3 Only) 9) Do you want to file a NIL return? (If Yes, complete Section H only) 10(a) Are you entitled to any special VAT treatment? (If yes, complete question 10(b)) Yes No Yes No Yes No 10(b) Select appropriate category Licensee Contractor supplying licensee Supplier to a contractor of Aid funded project. Business Process Outsourcing service provider Contractor of Aid funded project Investment Trader Section B: Filing Status 11) Return Type (Tick appropriately) Original Amended 12) In case of amended return, provide: Previous Return No: 13) In case of cash refund, provide a) Bank Name b) Bank Branch c) Account Number (UGX) 14) Reason for Filing Amended Return: 15) Is the return filed in Advance? Yes No 16) If Yes, Select reason(s) for submitting an advance return A taxpayer has died A taxpayer has become bankrupt or goes into liquidation A taxpayer is about to leave Uganda permanently Requested by the commissioner (URA) Others (specify) A taxpayer is wound up 1

2 Nature of Sales Section C Sales (Goods and Services) Amounts (Exclusive of VAT) (a) Rate VAT Charged (b = a x Rate ) Zero Rated Sales Local 1 0% Exports 2 0% Exempt Local Sales 3 Standard Rated VAT Charged 4 18% Sales VAT Deemed 5 18% (omit from sum) Capital goods sold VAT Charged 6 18% (Business Assets ) VAT Deemed 7 18% (omit from sum) Total Output tax (4b 5b 6b 7b 5b-7b) 8 Adjustments to Output tax 9 i. Imported Services 18% ii. VAT deferred at Importation 18% iii. Tax Charge due to bad debts recovered iv. Tax Charge due to change of Accounting method v. Tax Charge due to end of year apportionment of input tax Total Tax Charged for the Period (8b 9(i)b 9(ii)b 9(iii)b 9(iv)b 9(v)b 10 Zero Rated Purchases Standard Rated Purchases Local Nature of Purchases Section D Purchases (Goods and Services) Amounts (Exclusive of VAT) ( a ) Rate VAT ( b = a x rate ) Local 11 0 Imports 12 % 0 VAT Incurred 13 18% % VAT Deemed 14 18% (omit from sum) Standard Rated Imports VAT Incurred 15 18% (Goods) VAT Deferred 16 18% (omit from sum) Administrative Expenses VAT Incurred 17 18% Capital goods bought (Business Assets ) VAT Incurred 18 18% VAT Deemed 19 18% (omit from sum) Total Input Tax (13b 14b-14b15b16b 16b 17b 18b 19b 19b) Adjustment of input tax 21 i. Imported Services ii. Deferred VAT discharged (permitted by Commissioner General) 20 18% 18% - iii. Tax Claim due to bad debts written off Iv. Tax Credit due to change of Accounting method Total Input Tax for the Period (20c 21(i)c -21 (ii)c 21(iii)c) 21(iv)c 22 2

3 Section E For Investment Trader Only Nature of Purchases Amounts (Exclusive of VAT Rate VAT Charged 23. Land and Site Development 18% 24. Buildings and Civil Works 18% 25. Plant and Machinery Equipment 26. Pre-operating Expenses 27. Administrative Expenses 18% 28. Others(Specify) 18% Total Input Tax 18% 18% Select Method of Apportionment (where applicable) Section F Calculation Input tax Credit Allowed Normal/Default Method Input tax disallowed Standard Alternative Method (SAM) Input tax credit Allowed 29. Input tax directly attributable to Taxable Sales 30. Input tax directly attributable to Exempt Sales (Disallowed) and non-creditable input tax 31. Input tax apportioned to Taxable Sales using Formula (20b-30) * (1a 2a 4a 5a6a7a) / (1a 2a 3a 4a 5a6a7a) for Normal/Default Method OR ((20b 29 30) * ((1a 2a 4a 5a6a7a) / (1a 2a 3a 4a 5a6a7a)) for Standard Alternative Method (SAM) 32. Input tax credit for the period (29 31) 33. Adjustments to Input tax credit a) Tax Credit due to end of year apportionment of Input tax Total Input tax credit Allowed for the period ( 3233a 21(i)21(iii)21(iv)) Section G Details of VAT Paid Payment Registration Number (PRN) Date of payment Amount of VAT Paid Total VAT Paid Section H Calculation of Tax Due Output tax Charged Total Input tax Allowed Offset brought forward from previous month Total VAT Payable/Claimable /- Less: VAT Paid Net VAT Due/Claimable /- For Amounts Claimable, tick appropriately: Offset Cash Refund (for amounts exceeding Sh. 5m) 3

4 Section I Declaration and Certification I declare that the information given on this return is true and correct. (This return should be signed by an authorized person) Name of Signatory Receiving Office Official Received By Authorized By Name Signature: Position Held Signature Date (Day/Month/Year) / / Date 4

5 Schedule 1(a): Output Tax Schedule for Sales (Goods and Services) on which VAT is charged S/N Name of Purchaser TIN of Purchase Date Number Description of Goods Is it a capital good/business Asset? Yes/No Amount (Exclusive of VAT) (A) Local Excise Duty (B) TOTAL (AB) VAT Charged Total Sales to Customers with TIN Total Sales to Customers without TIN Total 4

6 Schedule 1(b): Output Tax Schedule for Sales (Goods and Services) on which VAT is deemed S/N Name of Purchaser TIN of Purchase Date Number Description of Goods Is it a capital good/business Asset? Yes/No Amount (Exclusive of VAT) (A) Local Excise Duty (B) TOTAL (AB) VAT Deemed Total 5

7 Schedule 2(a): Input Tax Schedule for Local Purchases on which VAT is incurred (excluding administrative expenses) S/N Name of Supplier TIN of Supplier Date Number Description of Goods Is it a capital good/business Asset? Yes/No Amount (Exclusive of VAT) VAT Paid/Payable TOTAL Total Purchases on which VAT has not been incurred (Inclusive are Exempt Purchases) 6

8 Schedule 2(b) Input Tax Schedule for Local Purchases on which VAT is deemed (excluding administrative expenses) S/N Name of Supplier TIN of Supplier Date Number Description of Goods Is it a capital good/business Asset? Yes/No Amount (Exclusive of VAT) VAT Deemed TOTAL 7

9 Schedule 3: Input Tax Schedule for Imports (Goods and Services): S/N Name of Supplier Country of Export Assessment / Date Import of Goods or Services?* Customs Entry Number (For Goods only) Is it a capital good/business Asset? (Yes/No) Description of Goods/Services Assessment / No.* Amount (Exclusive of VAT)(A) Local Excise Duty (B) Total (AB) VAT Paid Is the VAT Deferred? (Yes/No) Total for Imported Services Total for Imported Goods Overall Total 8

10 Schedule 4: Input Tax Schedule for Administrative Expenses: S/N Name of Supplier TIN of Supplier Date Number Description of Goods Amount (Exclusive of VAT) VAT Paid/Payable TOTAL Non Creditable expenses (Gross Amounts) 9

11 INSTRUCTION NOTES: 10

12 Section A Taxpayer Information In case your particulars have changed, please fill in the TIN Amendment Form. In line 10 (a), select Yes in case you are entitled to a special treatment of VAT and proceed to select appropriate category of entitlement of special VAT treatment in line 10 (b). In line 10 (b), Specific categories of persons are entitled to claim VAT on imported services. For purpose of clarity, a) Licensee means a person granted a mining right or a person with whom a Government has entered into a petroleum agreement. b) Contractor supplying Licensee means a person supplying goods or services other than as an employee to the following; i) a licensee in respect of mining operations undertaken by a licensee ii) a licensee in respect of petroleum operations undertaken by a licensee. c) Business process outsourcing service provider is any person who has outsourced full time operations of work of a section of another organization e.g Human resource, Call center etc. In line 10 (b) specific categories of persons entitled to deem VAT on sales or purchases For clarity; a) Licensee b) Contractor supplying licensee c) Contractor of an Aid Funded Project is a person with whom government of Uganda has entered in an agreement to execute an Aid funded project d) Supplier of a contractor to an aid funded project. e) Aid funded project means a project for which aid has been provided and an agreement has been signed between the Funder and government of Uganda (Ministry of Finance and Economic development)b) Section B Filing Status Select original if the return is filed first time. Where it is an amendment of a previously filed return, select amended and provide the Reference Number of the original return; and the date when it was filed. Section C Sales (Goods and Services) 10

13 Enter details of your sales where appropriate. Attach schedules of Output Tax in the format provided if the space is not enough. For all imported services the total in schedule 3 shall be entered in Section for imported services. Refer to the Second and Third Schedules of The VAT Act for what constitutes Exempt and Zero Rated Supplies. All Credit Notes should be put in schedule 1 (output tax) as negative If you are Contractor referred to in Section A line 12(i), indicate whether VAT was deemed on the supply in the column labeled, Is VAT on the supply deemed? ( Section D Purchases (Goods and Services) Enter details of your purchases where appropriate. Attach schedules of Output Tax in the format provided if the space is not enough. For all licensee s, contractors supplying Licensee & Business Process outsourcing the total in schedule 3 shall be entered in Section for imported services. Refer to the Second and Third Schedules of The VAT Act for what constitutes Exempt and Zero Rated Supplies. All Debit Notes should be put in schedule 2 (input tax) but as negative. Section F Calculation of Tax Due Enter details of Total Output Tax and Total Input Tax. Calculate VAT due by deducting the Total Input Tax from The Total Output Tax. Apportionment of input tax as per Sec 28(7) (b) of the VAT Act, cap 349 is done as follows: Under normal apportionment of input tax allowable: Total input tax X (Total Taxable Sales (12456) / (Total Sales (123256)). For Standard Alternative method, Input tax apportioned is the input tax not directly attributable to taxable sales i.e. input tax shared with exempt sales. Note: you have to apply to URA to use this method of apportionment. For end of year apportionment of input tax, please refer to Section 28 (13) and (14) respectively for the guidance. Section H Calculation of Tax Due In case of a licensee or any person providing mainly zero rated supplies, cash refund can be selected even for amounts less than 5M. Section E Declaration This return is not complete if not signed by an authorized person 10

PAYE Return Form This Form may be used by all employers required to remit PAYE to URA on a monthly basis.

PAYE Return Form This Form may be used by all employers required to remit PAYE to URA on a ly basis. Please answer in CAPITAL letters where applicable and sign the declaration. If you have any query regarding