Reasons to Outsource Your Accounting Operations Taxon tax consultancy is a professional Tax Consultancy HOME Reasons to Outsource Your Accounting Operations You Can Concentrate On What You Are Good At Unless you have experience and training as an accountant, you are unlikely to have the...

How to file VAT return Taxon tax consultancy is a professional Tax Consultancy HOME How to file VAT return Federal Tax Authority has published the VAT Return Format in their web site “VAT201- VAT Return”. In order to access it, you have to login to...

UAE VAT applicaton for special cases Taxon tax consultancy is a professional Tax Consultancy HOME UAE VAT applicaton for special cases UAE Vat Application for – Grand, Monetary Donation, Sponsorship payment, Project Funding, deposit, Forfeit deposit , Security deposit and Return deposit. Grants If grants...

Role of Consideration in UAE VAT Taxon tax consultancy is a professional Tax Consultancy HOME Role of Consideration in UAE VAT Consideration Consideration includes; (a) any payment made or to be made, whether in money or otherwise, or (b) any act or forbearance, whether or...

Input tax claim on tripartite arrangement Taxon tax consultancy is a professional Tax Consultancy HOME Input tax claim on tripartite arrangement When a taxable person makes taxable supplies of goods or services to a recipient who is a registered person, the recipient is able to...

Reimbursement Paid For Employee Expenses Taxon tax consultancy is a professional Tax Consultancy HOME Reimbursement Paid For Employee Expenses Reimbursement Paid For Employee Expenses In the case of employer employee relationship, an employee will claim his business expenses incurred by him from his employer. The...

VAT treatment for digital products Taxon tax consultancy is a professional Tax Consultancy HOME VAT treatment for digital products VAT treatment for digital products For VAT purpose, supply of digital products over the internet is deemed as supply of service. What is digital product? Digital...

Treatment of Discount in VAT Taxon tax consultancy is a professional Tax Consultancy HOME Treatment of Discount in VAT Treatment of Discount in VAT Vat application on discounts ,if business offers discounts to its customers: (a) Unconditional discounts If business offers a customer an unconditional...

Supply Valuation for VAT calculation Taxon tax consultancy is a professional Tax Consultancy HOME Supply Valuation for VAT calculation Introduction The value of the supply needs to be determined in order to charge VAT. In addition to that, the determination of value of supply is...

VAT Application on Construction Industry Taxon tax consultancy is a professional Tax Consultancy HOME VAT Application on Construction Industry Overview of Value Added Tax(VAT) VAT is a multi-stage tax on domestic consumption. VAT is charged on all taxable supplies of goods and services in United...