VAT Profit Margin Scheme
Search for: VAT Profit Margin Scheme August 10, 2021 / Haroon Juma / VAT & Tax Blog Under the Executive Regulations Title Five – Profit Margin Scheme Article 29, Accounting for Tax on the Margin, specific provisions have been established to enable VAT to be...
FTA Clarification VATP026 – VAT registration of ‘Sole Establishments’
Search for: FTA Clarification VATP026 – VAT registration of ‘Sole Establishments’ July 7th, 2021/ Haroon Juma / VAT Blogs The VAT Legislation Under the VAT legislation, there has been some ambiguity concerning the tax registration status for sole...
VAT News – UAE Tax Penalty Update April 2021
Search for: VAT News – UAE Tax Penalty Update April 2021 May 9th, 2021/ Haroon Juma / VAT & Tax Blog The UAE Cabinet of Ministers issued Decision No. 49/2021 amending provisions of Cabinet Decision No. 40/2017 regulating tax penalties (the “new Decision”)...
UAE FTA Tax Audit – What Should You Expect?
Search for: UAE FTA Tax Audits – What Should You Expect? April 28th, 2021 / Haroon Juma / VAT Blog Your UAE VAT Returns form a legally binding statement of your UAE tax liabilities as a self-declared assessment, this means the preparation and accuracy are the...
