Muhamed Ashique on 24 June 2022
Overview
Determination of accurate VAT treatment is crucial in every business transaction hence, an indispensable care is significant to determine the VAT tr..
Abdulrahman A Bucheeri on 13 April 2022
On 1 January 2022, the standard rate of VAT in Bahrain was increased from five percent to ten percent, making Bahrain the second GCC country to lift the VAT rat..
Ujjwal Pawra on 11 April 2022
VAT on additional GFA
Over the past years, the UAE has witnessed an exponential growth in the development of real estate projects,and it is known for its fla..
CA Nabeela Bhanu on 04 April 2022
WHY IS THE TOPIC RELEVANT?
The amount of VAT spent on expenses like mobile phones and data packages made available to employees is a recurring and one of the..
Mayank Ahuja on 30 September 2021
The rise of e-commerce has radically altered the worldwide retail market. However, this global trend, that has changed the dynamics of buyer behavior,as well as..
CA Rajiv Hira on 28 September 2021
ISSUE OF INVOICE OR RECEIPT OF CONSIDERATION BEFORE THE DATE OF CHANGE (EXPECTED DUE DATE (EDD))
Under the general VAT rules, in the event of the issue of a ..
Nitin Agarwal on 09 September 2021
Businesses recover costs and charges from different stakeholders including employees and entities across borders. The World of Tax categorizes these recoveries ..
Halil Erdem on 04 September 2021
This book is the first of its kind and provides the reader with an understanding of the fundamentals of VAT that has recently been introduced in the Gulf Cooper..
Steve Kitching on 02 September 2021
With Expo commencing in October 2021, the Federal Tax Authority (FTA) has recently emphasized that the official participants are eligible for VAT refund on thei..
Hemant Mundhra on 11 July 2021
FTA [Federal Tax Authority of UAE] has recently issued a long awaited VAT Guide on Automotive sector. It has clarified many matters related to this sector for V..
