UAE VAT Profit Margin Scheme: When VAT Applies Only to the Margin
The UAE VAT Profit Margin Scheme allows eligible businesses to calculate VAT on the profit margin rather than the full
Indirect Tax Alert: Barter Transactions in the UAE
Indirect Tax Alert: Public Clarification on VAT Treatment of Barter Transactions in the UAE The Federal Tax Authority (FTA) recently
FTA issues Updated Voluntary Disclosure User Guide – February 2022
FTA’s new Voluntary Disclosure User Guide February 2022 updates the earlier Voluntary Disclosure User Guide issued in July 2018.
Redetermination of Penalty Update
UAE FTA has released an update on the Redetermination of Penalty summarized here
Are you ready for FTA Audit?
A VAT Health Check review will help your business identify any non-compliances and aid future compliant practices.