Top 15 VAT FAQs
Value Added Tax is an indirect, transaction-based tax that is levied at every stage of the supply chain. The end consumer generally bears the cost of the tax while the registered business calculates and collects the tax, as a tax collector on behalf of the Federal Tax Authority. What is the value-added tax rate? How […]
5 COMMON VAT ERRORS AND HOW TO RECTIFY THEM
Value Added Tax in the United Arab Emirates can be complicated. And understanding VAT, while you are busy running your business, can be difficult. Such a situation makes you more prone to making VAT errors and not complying with VAT rules correctly. There are many complexities involved in the operation of VAT, and they can […]
