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VAT Profit Margin Scheme

VAT Profit Margin Scheme

VAT Profit Margin Scheme  August 10, 2021 / Haroon Juma / VAT & Tax Blog Under the Executive Regulations Title Five – Profit Margin Scheme Article 29, Accounting for Tax on the Margin, specific provisions have been established to enable VAT to be correctly...
FTA Audits – What Should You Expect?

FTA Audits – What Should You Expect?

FTA Audits – What Should You Expect?  April 28th, 2021 / Haroon Juma / VAT Blog     Your VAT returns form a legally binding statement of your tax liabilities as a self-declared assessment, this means the preparation and accuracy is the responsibility of...
VAT Obligations for Freelancers

VAT Obligations for Freelancers

VAT Obligations for Freelancers  Sept 30,2020 / Haroon Juma /VAT Registration Blogs   Operating as a freelancer in the UAE has become much easier during the last few years. The UAE has introduced several initiatives to allow individuals to commercially...
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