Clarification on Time Frame to Claim VAT Credit in UAE 🕛
Long Awaited Clarification Issued by Federal Tax Authority (VAT P-017) Input tax must be recovered in the first tax period in which […]
Category: VAT
Tax Returns can be Downloaded in PDF Formats from FTA Portal
As per Latest update by Federal Tax Authority, tax returns (VAT & Excise Tax) filed till date on FTA portal can be […]
VAT Update in Oman
MUSCAT (WAF)- Oman will not be implementing the Value-Added Tax (VAT) in 2020, a high ranking official at the Ministry of Finance […]
VAT Clarification on B2B Healthcare Services
Federal Tax Authority has issued a clarification on Business to Business Supplies for Healthcare Services. A supply of healthcare services may only […]
Business UAE VAT Refund Update
Another VAT Update which contributes ease of doing business in UAE. A foreign business may be entitled to enjoy VAT Refunds of […]
VAT Treatment on Disbursement, Reimbursement & Options
The Clarification discusses the VAT principles for differentiating between a disbursement and a reimbursement, and accordingly the VAT treatment that should be […]
VAT Administrative Exceptions
The Federal Tax Authority (FTA) has published an updated version of its VAT Administrative Exceptions user guide. The FTA has amended the […]
Addition to UAE VAT Designated Zones List
FTA has recently added three new designated zones for the purpose of UAE VAT Laws and Rules with effect from 04of July […]