The Revenue and Customs Service is encouraging members of the public to request for fiscalised receipts for goods and services from those group of businesses who are regulated to issue such receipts.

These businesses include Hardware Companies, Accounting Firms, Medical Practitioners, Travel Agencies, Law Firms, Supermarkets and Pharmacies.

Under the Tax Administration Electronic Fiscal Device Regulations 2017, all accredited vendors should issue a fiscal invoice/receipt to a customer.

The Revenue and Customs Service will soon be issuing notices to businesses to display near their POS systems, stating that they are regulated and should be issuing fiscal receipts.

A free Point of Sale application is also made available by Revenue and Customs and is compatible with smart phones and tablets and can be used by small businesses.

However, this is only ideal for small businesses.

The VAT Monitoring System was launched in 2017 and to date the Revenue and Customs..

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