At AWAL we calculate the VAT (and other payments) after we have calculated your closing balance. This means that VAT and other payments will be accounted to you in the following month. They appear in the "Payable Amount" section when you click on your statement in the "Accounting" section of the AWAL suite.
We account VAT only when an amount is payable - when you're closing balance is below the threshold for payment we won't calculate a VAT payment.
In the example below, which is dated October 2024, you can see a VAT payment of $50 which relates to a VAT payment for the month of September 2024...
Note that in this example the artist/label is receiving a VAT payment of $50.00 because they had successfully registered for VAT self-billing in the Banking & Tax app on the AWAL portal. In this same example they are paying out $950 as WHT (With-holding Tax) which is represented as negative number: -$950.00