VAT Payable Methods in Bahrain to Pay VAT to National Bureau for Revenue (NBR)

VAT Payable in Bahrain

All those who have registered for VAT in Bahrain should file their VAT Return on time. They should access their VAT details and file their return for the given VAT period as prescribed by the National Bureau for Revenue (NBR).

Once you have processed with VAT Registration in Bahrain and received your Tax Registration Number, it is your responsibility to comply with the Bahrain VAT Law and file your VAT Returns on time. The VAT Returns should be filed as per the VAT Return Filing period even if there are no purchases, imports or supplies during a given VAT period, VAT Return should be filed. There can be a time when your VAT payable is more than your input VAT. In this blog, you will learn the payment methods that are available if you are in a payable position to the NBR.

What should be done if you are in the VAT payable position to the NBR?

There may be circumstances while filing the VAT Return, the VAT payer’s Output VAT exceeds their Input VAT. In such cases, the VAT payer is in a net VAT payable position to the NBR and should pay the excess output VAT to the National Bureau for Revenue (NBR).

The VAT payable payments can only be made using Benefit’s “Fawateer” service who is the authorized service provider.

What are the three different ways to settle your VAT payables to the National Bureau for Revenue (NBR)?

There are three different ways to settle your VAT payables to the National Bureau for Revenue (NBR):

1. ONLINE AND MOBILE BANKING
2. BENEFITPAY MOBILE APPLICATION
3. BANK BRANCH

• ONLINE AND MOBILE BANKING

• The VAT Registered payer should access their online bank portal or have a mobile app to add and insert all the required information while making the payment
• If the taxable person who is unsure of the VAT amount that is payable to the NBR, in such cases the VAT payer has the option to enquire about the bill amount online before making the payment.
• For more assistance/clarification and information on the method of online banking to process the payment, they should reach to their respective banks.
• BENEFITPAY MOBILE APPLICATION

• A VAT registered payer can also process their VAT payables through the “BenefitPay” application. The “BenefitPay” application can be easily accessible and downloaded in their smartphones. The mode of payment through this app is transmitted electronically.
• Kindly note that this “BenefitPay” mobile application is intended for individuals and not corporations.
• If the taxable person who is unsure of the VAT amount that is payable to the NBR, in such cases the VAT payer has the option to enquire about the bill amount online before making the payment.
• For more assistance/clarification and information on “BenefitPay” and participating banks, VAT payers can refer to the official Benefit Company website.
• BANK BRANCH
• The taxable person who has to VAT payable to the authority also has an option to pay at a bank branch.
• The VAT payer must either submit a standard “Fawateer” form to their branch or submit a written request signed by their authorized signatory depending on the VAT payer’s bank.
• For more assistance/clarification and information, VAT payers can reach out to their respective bank. 

What are the details that should be mentioned in the VAT Payers Bill?

In any case, the following information should must be included in the payment:

• VAT Bill Number
• VAT Account Number
• Payment Amount Due

What happens if you provide incorrect details in the Bill?

If a taxable person in Bahrain has inserted incorrect details (i.e. VAT bill number or VAT account number) or an amount in their VAT bill and if the VAT bill is greater than the amount due, then the transaction will be rejected.

Once the payment has been submitted, the VAT taxable payer shall receive an acknowledgment of the successful payment through an SMS and email registered details. An official letter of receipt can also be found under “My Documents” on the National Bureau for Revenue (NBR) portal.

Do you have options to remit your VAT payables?

Yes, there are two options to remit your VAT payables. The VAT payable amount to the authority can be paid in part or in full.

• In case when you remit the full VAT payable amount the VAT payer will receive an updated bill of Zero Amount.
• In case you have remitted partially, the VAT payer will be receiving a new bill with the remaining amount that needs to be paid to the authority updated in their NBR Portal

Our Tax Experts in Emirates Chartered Accountants Group believe in a proactive approach to tax advisory services with a cost-effective and tailor-made option that is preferred by businesses all over. Our team of professionals is well versed with the Bahrain VAT Law as well as the UAE VAT Law  They are also equipped with practical experience of implementing VAT in UAE and VAT in Bahrain.

Our wide range of services includes:

• VAT Registration
• VAT Training 
• VAT Implementation 
• VAT Return Filing Service
• VAT Consultancy 
• Accounting for VAT Compliance

We’d be happy to support you – Call us!