The VAT return fines and penalties in the UAE are considerably high. With the filing deadline fast approaching for the next batch of VAT returns, it&#

The FTA has announced that all businesses subject to VAT and Excise Tax must display prices of goods and services inclusive of tax in order to avoid a

In a step to facilitate paying due tax, the FTA is introducing a new method of paying due tax as follows: A GIBAN is a unique IBAN number that is give