Muhammed k
3 Great benefits of outsourcing accounting and payroll activities. Saving time on processing: By outsourcing accounting and payroll tasks, you may gain more time and focus on adding value...
  • 07/06/2023
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Muhammed k
You can’t fly the aircraft of your airline business.   You can’t work on the vehicles in your auto repair shop.   You can’t cut the grass in your...
  • 06/06/2023
  • 0 Comments
Muhammed k
When submitting a Voluntary Disclosure for VAT returns, what information you must provide?   Your personal information, such as; Your name Phone number Address And the VAT return period...
  • 02/06/2023
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Muhammed k
How long do VAT records need to be kept? Business owners should keep their records and books of accounts for at least 5 years after the fiscal year in...
  • 02/06/2023
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Muhammed k
Can businesses claim VAT on expenses incurred? VAT can be claimed by businesses in the following situations:   If the company is VAT registered, they can claim a refund...
  • 02/06/2023
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Muhammed k
What is the procedure for Tax-Free Shopping? When a tourist makes an eligible purchase of at least AED 250, the salesperson in the shop must:   Attach a Tax-Free...
  • 02/06/2023
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Muhammed k
What exactly is the reverse charge? The conventional method of collecting VAT requires the seller of supplies or services to collect VAT from buyers and remit it to the...
  • 02/06/2023
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Muhammed k
  There has been a lot of discussion about free zones and designated zones since the implementation of VAT. The Ministry of Finance has clarified some details about these...
  • 02/06/2023
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Muhammed k
Excise Tax required in your business? Here’s how you can find out. According to UAE Federal Decree Law No. 7 of 2017 on Excise Tax, it is the responsibility...
  • 02/06/2023
  • 0 Comments
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