Anshika Agrawal on 25 June 2020
Education sector is one of the main sectors of UAE and, with the introduction of VAT in UAE from 1 January 2018, additional VAT is to be levied on certain good ..
Anshika Agrawal on 19 February 2020
Foreignbusinessesmay also recover theVATthey incur whenvisitingtheUAE.
As per Article 67 of Executive Regulations of UAE VAT Law, businesses/ business visito..
Anshika Agrawal on 24 January 2020
A tax accounting software is an accounting software which has an inbuilt capability to generate the tax reporting from its accounting records with minimum effor..
Anshika Agrawal on 06 January 2020
UAEs FTAhas updated its e-learning presentation regarding Errors
Access link here:https://tax.gov.ae/e-learning/Errors/story_html5.html
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Anshika Agrawal on 02 December 2019
As per the Cabinet Decision No. 1 of 2019 on the Refund of Value Added Tax Paid on Goods and Services Connected with Expo 2020 Dubai, Official Participants of t..
Anshika Agrawal on 20 November 2019
As per Article 54 of Federal Decree Law No (8) of 2017, most of the expenses incurred by the businesses during the course of business are eligible to be recover..
Anshika Agrawal on 14 November 2019
The place of supply determines whether a supply is made in the UAE or outside the UAE. If the supply is treated as made outside the UAE, VAT is not chargeable. ..
Anshika Agrawal on 11 November 2019
Like any other tax system around the world, VAT in UAE will also follow certain rules on penalties and fines to ensure proper compliance.
Failure to file ata..
Anshika Agrawal on 08 November 2019
VATGCH1 has been issued by the FTA to provide guidance on VAT registration and treatment of Non-designated Charitiesas well as designated charities. It also pro..
Anshika Agrawal on 26 October 2019
If a holding company is part of the VAT Group and is engaged in providing loans to subsidiaries on which it earns interest (VAT exempt) and also cross charges s..
