Bahrain VAT VLOG Series – Episode 10: Barter Invoices

by | Jan 11, 2019 | Bahrain, GCC, GCC VAT, VAT, VAT News, VLOG | 0 comments

In this video blog series, Andrew Bohnet, Global Solutions Architect for Innovate Tax, considers Bahrain’s introduction to VAT on Jan 1st 2019, exploring what this means for business in the region.

In episode 10, Andrew explains Barter Invoices as “two companies who will offset goods that they are going to exchange with each other but, only one company will invoice the other party.”

After answering the question ‘What are the problems of of this from a VAT point of view?’ Andrew advises if you choose to use Barter Invoices, that you should get help from experts.

Over the forthcoming episodes, Andrew looks at the wider ramifications, and what businesses can do to prepare for when VAT goes live in Bahrain.

Emily Heathorn

Emily Heathorn

Junior Communications Officer at Innovate Tax

Since joining Innovate Tax, initially as a business apprentice, Emily has developed her interests in communications and has proven herself as a talented digital marketer. Emily supports the marketing team’s efforts from both digital and PR perspective.

As Junior Communications Officer, Emily is responsible for Innovate Tax’s social media channels, content marketing, events and is the company’s chief point of contact for all incoming press enquiries.

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