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Ethiopia

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Ethiopia Adopts Revised VAT Proclamation

On 4 July 2019, Ethiopia's House of People's Representatives reportedly approved the Value Added Tax (Amendment) Proclamation No. 1157/2019, which includes a number of amendments to the Value Added Tax Proclamation No. 285/2002. Changes include:

  • The introduction of an ETB 70 million annual turnover threshold for monthly VAT return filing, with taxpayers below the threshold allowed to file quarterly (currently, all taxpayers must file monthly);
  • For persons designated as VAT withholding agents, the maximum amount of VAT withheld under reverse charge is set at 50% of the total VAT due on the supply, with the supplier required to declare the remaining 50%;
  • Newly VAT registered persons are allowed to claim an input credit for VAT paid on capital goods purchased in the 6 months prior to registration, provided that the person's annual taxable transactions exceed ETB 100 million and the capital goods are used for taxable transactions.

The revised Proclamation will be effective from the date it is published in the Official Gazette. Further details will be published once available.

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