Tuesday 16 October 2018
 
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FTA

UAE clarifies tax for 'compensation-type payments'

UAE’s Federal Tax Authority (FTA) has issued a public clarification regarding tax treatment of compensation-type payments, noting that value added tax (VAT) is imposed on supplies of goods and services and if any payment does not relate to

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UAE to block ships from blacklisted countries

Emirates Classification Society (Tasneef) said that it is ready for the decision the Federal Transport Authority – Land and Maritime (FTA) prohibiting vessels carrying flags of countries that are blacklisted by maritime authorities to ente

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UAE scheme to refund VAT to tourists on track

The UAE’s the Federal Tax Authority (FTA) said that a project that returns value-added tax (VAT) to tourists is in its final preparation stages, where an advanced system will be put in place to corresponds with international best practices

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UAE urges judicious use of voluntary disclosure form

UAE’s Federal Tax Authority (FTA) has called on all registered businesses not to use the voluntary disclosure form indiscriminately. The FTA has advised that it must be submitted to the Authority only in case of actual error

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UAE launches new e-services for taxable persons

UAE’s Federal Tax Authority (FTA) has developed its e-services to include new features allowing taxable persons to link their accounts with an accredited tax agency, authorising it to carry out registration procedures, submit tax returns,

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UAE Exchange to accept VAT payments

UAE Exchange, a leading money transfer, foreign exchange and payment solutions brand in the country, has started accepting Value Added Tax (VAT) payments on behalf of the Federal Tax Authority (FTA). All entities registered with t

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UAE to cut VAT impact on gold, diamond dealers

UAE’s Federal Tax Authority, FTA, said that the new Cabinet Decision issued to regulate value-added tax (VAT) incurred by gold and diamond dealers improves their cash flow and reduces their tax burden. UAE’s Federal Ta

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Al Dhaheri named registered tax agent by FTA

Al Dhaheri Jones & Clark (ADJC), a leading financial services consultancy in Dubai, UAE has been approved by The Federal Tax Authority (FTA) as a registered tax agent in the UAE after meeting the required standards, conditions and qualificat

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May 28 deadline for tax returns, alerts UAE’s FTA

The UAE’s Federal Tax Authority (FTA) has cautioned that this coming Monday (May 28) is the final deadline for submitting tax returns and paying due taxes for the tax period that ended on April 30, a media report said. The F

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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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