VAT Treatment for Charities in UAE
As per the federal law, no 8 of 2017 has provided certain regulations for the treatment of VAT for charitable purposes. As per UAE law charities are those association which …
Treatment of VAT on Discounts
VAT implementation in UAE has confused businesses about the treatment of VAT on Discounted price in UAE. The concept of discount is not new for business for the businesses but the …
List of input expenses in which VAT is blocked
Every business has certain expenses that are incurred on a day to day basis. With the introduction of VAT in UAE, certain types of expenses of businesses are not allowed …
Reasons for Hiring VAT Consultants
Vat Consultants in UAE Value Added Tax (VAT) consultants are certified experts who offer comprehensive Tax Services for VAT Registered Businesses in UAE. They can educate businesses on the financial …
Steps to get VAT refund for tourist in UAE
Federal Tax Authority in UAE has announced that eligible tourists can request refunds of VAT incurred on their purchases in UAE. Anybody who is not a resident of the UAE …
Requirement for VAT return filing in UAE
As per UAE VAT law taxpayers should file VAT returns with Federal Tax Authority on a quarterly basis, and paid as per the procedures specified in the VAT legislation. VAT …
What is the Differences between Excise Tax and VAT in the UAE?
The government of UAE introduced excise tax and VAT at almost the same time between 2017-2018 in the UAE. Excise tax and VAT are forms of indirect tax levied on …
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Output VAT Adjustments
Output tax is VAT that is calculated and charged on the sale of goods and services from your VAT registered business. A special provision is incorporated to UAE VAT law …
Recovery of VAT for entertainment expenses of employees in UAE
As per UAE VAT law, there are expenses wherein tax may or may not be recovered. The UAE, Federal Tax Authority published a clarification for certain expenses incurred for employees, …
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Recovery of input VAT on the expenses
The VAT law in the UAE provides provisions which allow business to recover VAT paid for in certain expenses. The input VAT can be recoverable for any tax period if …