Key Tax KPIs for the Board
100% On-Time
Track all VAT returns filed by deadline. Any delay = BD 500+ penalty.
Recovery Rate %
Percentage of eligible input VAT actually recovered. Benchmark: 95%+.
Net VAT Position
Monthly net VAT liability/refund. Cash flow forecasting for treasury.
Outstanding Items
Open audit queries, unreported errors, and pending voluntary disclosures.
Quarterly Board Pack Contents
✅ Filing status dashboard — all taxes filed on time?
✅ Net VAT position trend — 4-quarter comparison
✅ Risk register — top 5 tax risks with mitigation actions
✅ Regulatory update — new laws, circulars, or guidance affecting the company
✅ Pillar Two readiness — progress toward DMTT compliance