Thursday 26 April 2018
 
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VAT

90,000 UAE firms to pay VAT by month-end

The UAE’s Federal Tax Authority (FTA) has revealed that approximately 90,000 businesses registered for value-added tax (VAT), VAT, are required to submit their tax returns and pay their taxes no later than April 29. Over 85,

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90,000 UAE firms to pay VAT by month-end

The UAE’s Federal Tax Authority (FTA) has revealed that approximately 90,000 businesses registered for value-added tax (VAT), VAT, are required to submit their tax returns and pay their taxes no later than April 29. Over 85,

More…

KPMG to create over 700 jobs in Saudi Arabia in 5 years

KPMG Al Fozan & Partners, a leading provider of audit, tax, and advisory services, has announced plans to create more than 700 jobs over the next five years with special focus on Saudi nationals. The company has achieved signi

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KPMG to create over 700 jobs in Saudi Arabia in 5 years

KPMG Al Fozan & Partners, a leading provider of audit, tax, and advisory services, has announced plans to create more than 700 jobs over the next five years with special focus on Saudi nationals. The company has achieved signi

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Gulf SMEs ‘to hire 22m people in 5 years’

The small and medium enterprises (SME) sector in the Gulf will employ 22 million people in five years, said an industry expert, citing a new study by Mena Research Partners (MRP). The introduction of Value Added Tax (VAT) in the U

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Gulf SMEs ‘to hire 22m people in 5 years’

The small and medium enterprises (SME) sector in the Gulf will employ 22 million people in five years, said an industry expert, citing a new study by Mena Research Partners (MRP). The introduction of Value Added Tax (VAT) in the U

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Global economies ‘assessing VAT trends’

As more and more governments view value-added tax (VAT) as part of an overall solution to boost their economies, they have also taken a harder look at VAT fraud and its ramifications, said an industry expert. Countries over the wo

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Tally achieves UAE FTA accreditation

Tally Solutions, a leading international accounting and compliance software provider, has received the Federal Tax Authority (FTA) Accreditation in the UAE, recognising its commitment to value-added tax (VAT) operations. “It

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GCC residents benefit from the cheapest tax rates

Governments all over the world impose and implement taxes to strengthen their economic development and enable it to be a real competitor among the world’s advanced economies. Value Added Tax (VAT) also known as Goods and Ser

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UAE firms told to display VAT-inclusive prices

UAE’s Federal Tax Authority (FTA) has asserted that all businesses subject to value-added tax (VAT) and excise tax must display prices of goods and services inclusive of tax in order to avoid administrative penalties. The au

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