by admin | Nov 29, 2022 | Corporate Tax, Customs and Excise, Other Tax, VAT
Director-general of Federal Tax Authority (FTA) Khalid Ali Al Bustani has said the new and improved integrated digital tax service platform EmaraTax, set to be launched by the FTA in a few days, will be a cornerstone of our efforts to shape the future of the UAE tax...
by admin | Nov 18, 2022 | VAT
The UAE’s Ministry of Finance (MOF) on Thursday said director services undertaken by natural persons serving as members of boards at entities and institutions across the UAE will not be subject to value-added tax (VAT) from January 1, 2023. Meanwhile, VAT will still...
by admin | Nov 17, 2022 | Corporate Tax, Other Tax, VAT
Monetary rewards will be offered to informants if their report on tax evasion or violation leads the UAE’s Federal Tax Authority to collect tax amounts worth more than AED 50,000 The UAE’s Federal Tax Authority (FTA) has launched Raqeeb, its “whistle-blower programme...
by admin | Nov 16, 2022 | Customs and Excise, VAT
The Federal Tax Authority (FTA) on Sunday confirmed its intention to launch the EmaraTax platform on December 5 and said migration to the new platform will commence from November 30. In a statement, the authority said it planned migration to EmaraTax to coincide with...
by admin | Nov 2, 2022 | VAT
The Federal Tax Authority (FTA) announced that it will be discontinuing the use of the eDirham system in paying taxes as of today, October 30, 2022, replacing it with Magnati, the smart payment option from First Abu Dhabi Bank (FAB). Magnati provides advanced software...
by admin | Nov 2, 2022 | VAT
The UAE Ministry of Finance announced amendments to some provisions of the Federal Decree Law No. 8 of 2017 on Value Added Tax (VAT), which will be effective from January 1, 2023. Under the changes, registered individuals who make taxable supplies will be allowed...
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