VAT in UAE, Summarizing 2020 updates

Summarizing 2020 VAT updates in UAE

1. Special Refunds tab has been added to the FTA E-service platform to allow "non-registered business visitors and non-registered UAE nationals building new residences" to apply for the VAT Refund in a quicker and easier way

2. Finalised VAT Returns and VAT Return Voluntary Disclosures can now be downloaded from the e-service accounts in PDF file

3. RCM details can now be downloaded from the e-service accounts in PDF file

4. E-learning updates discussing errors, what constitute an error for VAT purpose and how it can be corrected

5. Tax Agent amendment form is now available under General Procedures section

6. Turnover declaration letter to be submitted along with the VAT registration application and can be found under the VAT guides section

7. Change email address form to be submitted with the email change request and can be found under the VAT guides section

8. New Cabinet Decision# 1 for 2020 on "Refund of VAT Paid on Goods and Services Connected with Expo 2020 Dubai"

9. New Public Clarification# 17 on "Time Frame for Recovering Input Tax", explaining that the input VAT can only be claimed in the first VAT period in which two conditionas are satisfied (availability of tax invoice and the intention to make the payment within prescribed period is formed)

10. New User Guide "New Residences VAT Refund", guiding on the steps to complete the new residences VAT refund request form

11. FTA introduced a new Business Bulletins section and the first published bulletin concerning "Education Sector (Schools and Nurseries)"

12. VAT guides that are available now in Arabic: Tax groups, Insurance, Input Tax Apportionment, Financial Services, Charities, and Designated Zones

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