Is VAT deductible from my Zakat calculation? Is VAT deductible from my Zakat calculation? A: On one’s Zakat anniversary, the cash received as VAT payments will not include as a Zakatable asset as the VAT is owed to HMRC.And Allah knows best!Reviewed on 30/11/2021 Author: [email protected] Was this article helpful? Share: Previous Article Previous Article Next Article Next Article Related articles Zakatable assets Zakat on employer issued RSU’s Keep reading Zakatable assets Which business assets do I need to pay Zakat on? Keep reading Zakatable assets Do you pay Zakat on metals? Keep reading Helping you bring Zakat to life where you live. GIVE ZAKAT APPLY FOR HELP