Skip to Content

7 MISCONCEPTIONS ABOUT VAT

7 MISCONCEPTIONS ABOUT VAT

Submitted by • July 8, 2020 www.xb4.ae

Mandatory VAT registration in UAE is applicable on a threshold of AED 375,000/- You might be doing a lot of errors while recording your VAT. How organizations can avoid getting penalized of wrongly recording VAT. VAT shouldn't be claimed on entertainment expenses, those can be claimed are subject to conditions as per the set criteria by FTA. Do you know that VAT record in UAE needs to be translated to Arabic language. Once FTA has identified the mistake in VAT calculation, it will further determine how the error will be handled. Tourists can claim the VAT refund on their spendings while their visit in UAE which they can get from the automated Kiosk machines are paced in seaports as well as in the airports of UAE. Tourists may need to keep all the records of original invoices to be eligible for vat refund in Dubai

Voted by:
Voted by aatiyyeh

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>