The time of supply for goods supplied through vending machines is different than for normal supplies. A vending machine dispenses items like snacks and drinks when a customer inserts coins, without a salesperson. Suppliers stock these machines and collect the money periodically. So when is…
What is a VAT Refund? All registered businesses must file a VAT return uae detailing their sales, purchases, output VAT collected, and input VAT paid during the tax period. The amount received from sales is known as output VAT, and the amount paid to suppliers…
VAT has been a hot topic over the past few months. Businesses and taxpayers are well aware of the consequences of non-compliance. The procedure of filing VAT return uae is continuous, so it’s imperative that businesses comprehend it and make the necessary preparations before submitting…
