Monday 10 December 2018
 
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VAT

VAT implementation in Bahrain: Understanding the fundamentals

It has been nearly a year since the rollout of VAT in the UAE and Saudi Arabia, with Bahrain set to join them on January 1, 2019.    When the six Gulf Cooperation Council (GCC) members signed the Common VAT

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VAT implementation in Bahrain: Understanding the fundamentals

It has been nearly a year since the rollout of VAT in the UAE and Saudi Arabia, with Bahrain set to join them on January 1, 2019.    When the six Gulf Cooperation Council (GCC) members signed the Common VAT

More…

VAT implementation in Bahrain: Understanding the fundamentals

It has been nearly a year since the rollout of VAT in the UAE and Saudi Arabia, with Bahrain set to join them on January 1, 2019.    When the six Gulf Cooperation Council (GCC) members signed the Common VAT

More…

Bapco signs up Innovate Tax as VAT services partner

Bahrain Petroleum Company (Bapco), the national oil company of the kingdom, has appointed Innovate Tax as its preferred partner to provide automated VAT determination services.   The news comes as the Bahraini Go

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Bapco signs up Innovate Tax as VAT services partner

Bahrain Petroleum Company (Bapco), the national oil company of the kingdom, has appointed Innovate Tax as its preferred partner to provide automated VAT determination services.   The news comes as the Bahraini Go

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UAE tax refunds for tourists begin Sunday

The UAE’s Federal Tax Authority said that the digital system for the Tax Refunds for Tourists Scheme will be ready to issue and process VAT refund claims for eligible tourists to recover tax incurred on their purchases as of November 18.

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Saudi deficit declines in first nine months

An impressive reduction in Saudi Arabia’s budget deficit occurred during the first 9 months of 2018, which happened despite a 25 per cent increase in government spending, said an industry expert. This is linked on one side t

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Jaguar offers special prices on selected models

Bahrain-based Euro Motors Jaguar Land Rover is offering discounted prices along with attractive finance rates for selected models, before value-added tax (VAT) comes into effect from January 1, 2019. Between now and January, custo

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KPMG in Bahrain to host seminar on VAT

KPMG, a leading provider of audit, tax and advisory services, said it will be hosting a seminar in Bahrain to showcase the key highlights of the kingdom's VAT law and its’ implications on businesses across the main economic sectors.

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Back to basics: VAT Accounting 101

As part of the UAE Vision 2021, the introduction of taxation has brought diversity to the country’s economic revenue streams, and also encouraged greater transparency for businesses, says an industry expert. It has been ten

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