Monday 23 April 2018
 
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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,

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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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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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UAE firms urged to use VAT registration fine waiver

UAE’s Federal Tax Authority (FTA) has urged businesses to benefit from the registration penalties waiver until April 30, clarifying that the decision only covers late registration penalties and that taxable businesses are still required to

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UAE firms urged to use VAT registration fine waiver

UAE’s Federal Tax Authority (FTA) has urged businesses to benefit from the registration penalties waiver until April 30, clarifying that the decision only covers late registration penalties and that taxable businesses are still required to

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UAE’s FTA clarifies liability for VAT

The UAE’s Federal Tax Authority (FTA) has clarified the criteria that determine whether it is the supplier or end-consumer that bears the cost of the Value Added Tax (VAT) on goods and services set to be delivered fully or partially in 201

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UAE residential units exempt from VAT: FTA

Residential units in the UAE will remain generally exempt from value added tax (VAT), except for the first supply of a new residential building within the first three years of it being constructed, which will be zero per cent rated, according to

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UAE opens online registration for VAT

The UAE Federal Tax Authority (FTA) has announced that online registration for Value Added Tax (VAT) is now open, through its website, as part of FTA’s preparations for the 5 per cent VAT, set to be introduced from January 1, 2018.

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1,610 items subject to selective tax in UAE: FTA

The number of commodities covered by the UAE's selective taxation has been announced as 1,610 items, 60 per cent of which are classified as soft drink products, 26 per cent as tobacco and its derivatives, and some 14 per cent as energy drink

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UAE starts online registration for excise on Sept 17

UAE’s Federal Tax Authority (FTA)  has announced that it will open online registration for excise tax for businesses on September 17, providing an integrated system to serve the business sectors as per the highest international standa

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