The VAT invoice is one of the most important documents issued by registered suppliers for the supply of taxable goods and services. Additionally, tax invoices serve as evidence for customers to claim input tax credits. Therefore, it is very important for the taxpayer that he…
IntroductionThe Federal Tax Authority (FTA) has introduced the VAT 211 Form “Self-Disclosure Form” on the VAT Portal. This will help the taxpayer correct any errors or omissions made while filing her VAT return 201 for the previous period. In this article, you will learn what…
The UAE is the fifth largest market in the world for global retail. Many businesses in the UAE provide goods and services exclusively or primarily to recipients who are not subject to VAT. Examples: supermarkets, retail stores, restaurants, etc. There are also a number of…
