KPMG in Bahrain Launches Mobile Application to Help Businesses Understand and Prepare for Value-Added Tax

Press release
Published May 20th, 2018 - 09:28 GMT
Philippe Norre, Partner and Head of Tax at KPMG in Bahrain
Philippe Norre, Partner and Head of Tax at KPMG in Bahrain

KPMG in Bahrain has recently launched a dedicated mobile application - ‘KPMG VAT Toolkit’, to assist businesses in the Kingdom of Bahrain understand VAT (expected now in the second half of 2018), keep on top of the developments and evaluate the impact the introduction of VAT has on the way business is conducted and supported.

KPMG VAT Toolkit contains up-to-date information, insights from KPMG’s subject matter experts and practical tools, best practice information from around the World and all lessons learned from KSA and UAE, all aimed at helping businesses and individuals prepare for the new tax system.   The easy-to-navigate application is available for iOS and Android devices and also features a VAT Compliance Tool, enabling users to get familiar with the upcoming VAT compliance and their VAT payable or recoverable position.

Philippe Norre, Partner and Head of Tax at KPMG in Bahrain commented on this launch and said: “KPMG VAT Toolkit offers a wealth of readily available VAT knowledge presented in a very practical way and accessible to anyone, anywhere, using their mobile devices. Our value-add VAT Compliance Tool provides valuable information for business owners on the developments their predicted VAT position and will be kept updated and valuable once the tax is introduced.”

The application also features the latest indirect tax updates, as well as KPMG’s insight on related tax topics, infographics and publications. This is in addition to KPMG in Bahrain’s latest news, events and training courses.

The application is available for Android and iOS users, who can download it free of charge from Apple Store or Google Play from a smartphone or tablet by searching “KPMG VAT Toolkit”.

Background Information

KPMG

Through helping other organizations mitigate risks and grasp opportunities, we can drive positive, sustainable change for clients, our people and society at large.

KPMG member firms operate in 153 countries, collectively employing more than 207,000 people, serving the needs of business, governments, public-sector agencies, not-for-profits and through member firms' audit and assurance practices, the capital markets. KPMG is committed to quality and service excellence in all that we do, bringing our best to clients and earning the public's trust through our actions and behaviours both professionally and personally.

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