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Transition from Percentage Tax to VAT (and vice-versa)
Transition from Percentage Tax to VAT (and vice-versa)

Is it possible to transform my Percentage Tax report into a VAT report?

Kaye Estanislao avatar
Written by Kaye Estanislao
Updated over 6 years ago

Yes, it is possible but it will require you to contact us on Intercom to learn more about the process on how you can make the transition from VAT to Percentage Tax or vice-versa.

Due to the recent changes within the threshold between Value-Added Tax and Percentage Tax brought on by the TRAIN law, there is a possibility that you might now be considered a Percentage Tax filer if you were a VAT filer.


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