Contribution by Naseer

VAT Reclaim - Personal and Private Usage
UAE
VAT Reclaim - Personal and Private Usage
Naseer on 20 May 2023
Hello, I have a question regarding reclaiming VAT on bills for my business. Specifically, I use broadband for both business and personal purposes. Is it acce..
VAT on Gift Voucher along with Service Fee
UAE
VAT on Gift Voucher along with Service Fee
Naseer on 24 November 2020
Hello, we bought few Gift Vouchers on behalf of our client in UAE. Now we have to raise the invoice of the same along with our service fee. Here VAT will be app..
Lab test outside UAE
UAE
Lab test outside UAE
Naseer on 27 October 2020
Hello, Would like to know if a medical sample is sent outside UAE for lab testing , it will be covered under standard/zero-rated? ..
Oman releases Basic VAT Guidelines
Oman
Oman releases Basic VAT Guidelines
Naseer on 13 October 2020
Oman has released the following VAT guidelines: 1. VAT Information Sheet: Click Here 2. VAT Basics for individuals: Click Here You can access Law includi..
50% tax on sweetened drinks from 1st Oct in Oman
50% tax on sweetened drinks from 1st Oct in Oman
Naseer on 28 September 2020
Omans Tax Authority has announced implementation of Excise Tax on sweetened drinks witheffectfrom 1st October 2020. According to Article 15 of Excise Tax Law, a..
FTA publishes updated Excise Tax User Guide
UAE
FTA publishes updated Excise Tax User Guide
Naseer on 23 September 2020
UAEs Federal Tax Authority has publishedan updated version ofExcise Tax User Guide covering Registration, Amendments De-registration You can access Law incl..
NBR releases VAT Transfer of a Going Concern Guide
Bahrain
NBR releases VAT Transfer of a Going Concern Guide
Naseer on 17 August 2020
Bahrains National Bureau for Revenue (NBR) has releasedVAT Transfer of a Going Concern Guidewhichsets out general principles relating to the concept of VAT on t..
PoA : New development in the VAT refund Form for New Residence
UAE
PoA : New development in the VAT refund Form for New Residence
Naseer on 15 July 2020
A new Power of Attorney (PoA) form has been released by the Ministry of Finance (MoF) which can be used by the UAE Nationals to appoint a Tax Agent who can then..
Second half of 2021 is the expected date of VAT implementation in Oman
Oman
Second half of 2021 is the expected date of VAT implementation in Oman
Naseer on 03 July 2020
Information revealed to Atheer to start the implementation steps of the value-added tax project by transferring it to the Shura and State Council Oman for discu..
KSA to charge 15% VAT on goods imported through e-commerce
KSA
KSA to charge 15% VAT on goods imported through e-commerce
Naseer on 29 June 2020
The Saudi customs reported 15% of VAT on or after 1 July 2020 for transactions involving e-commerce of products from outside the country. The General Authority ..

Gcc

Submit Q&A
GCC FinTax
GCC App for Android & iOS

GCC FinTax is a community for Tax and Finance professionals from GCC to share knowledge, learn and network.

Download Android app   Download IOS app