Increase in Bahrain’s VAT will be implemented from 1 January 2022

The Shura Council in Bahrain approved amendments to the 2018 VAT law meaning the current 5% VAT rate will increase to 10% from 1 January 2022. The Shura Council also approved an increase in social welfare support allowances by 10%. The VAT increase is expected to net up to BD490m through full VAT implementation and […]