Each month, liable businesses declare the VAT collected on their sales, minus the deductible VAT on their purchases.
Prepare the return
- Check that all the month's sales and purchase invoices are recorded.
- Open the Accounting menu, the VAT returns section.
- Choose the month: Omamori totals the collected VAT and the deductible VAT.
- The balance shows the amount to pay, or the VAT credit to carry forward.
Rate in force: VAT is 19.25% in Cameroon (a 19% rate increased by additional council cents).
Deadline: the VAT return and payment are due by the 15th of the following month at the latest. Any delay incurs penalties.