Blogs
A Crash Course in VAT Laws and the UAE
April 9th, 2024From January 01st 2018, all businesses in the UAE bringing in an income of AED 375,000 and over must register for VAT, and continue to meet the necessary tax regulations accordingly. The Sarah Ferguson Tax Consultancy has been a preferred tax consultant Dubai for a number of reasons, our extensive experience being a key one of them. In line with th...
3 Reasons Why Tax Consultancy Is the Only Tax Consultant You’ll Ever Need
March 22nd, 2024As of January 01st 2018, the UAE will be subject to VAT laws which will affect businesses who fulfil specific VAT criteria. Whilst you’d need to double-check whether your business specifically needs to adhere to these VAT protocols, in general, businesses who meet the income threshold of AED 375,000 annually definitely to make the 5% commitment acc...
Tips To Help Prepare Your Business For VAT
March 7th, 2024With the recent introduction of VAT in the GCC, companies and businesses in all of the region’s countries are now preparing to complete implementation by 2019. As the process is extensive, it could take up to a year as predicted by officials to ensure every company has registered for VAT accordingly. We, as a leading and long-established tax consul...
A Few Ways To Help You Tackle The Introduction Of VAT Better
February 20th, 2024As of January 2018, the UAE implemented VAT across all its member nations, with a particular focus on businesses and other ventures also launched with the intent of business. This includes companies and organizations drawing in an income of AED 375,000 annually and rented properties for commercial purposes as well. Whilst the rules governing differ...
A Few Key VAT Facts To Know In The GCC
February 7th, 2024Value Added Tax or VAT as its better known, was introduced to the GCC for the first time ever, in January 2018. The move set in motion a series of changes for businesses in the region, and marks a milestone moment for the oil-rich area as well. VAT will effectively provide an alternate means of income, allowing the already developed and in fact, qu...
How VAT Return Filing In The U.A.E Works
January 22nd, 2024VAT return filing can be performed by a tax consultancy firm in Dubai. It is an online form that needs to be submitted to the FTA. The VAT return filing would indicate the businesses' output tax and input tax along with any other information. The return can be filed by the business it self or Tax Consultant. The FTA informed big businesses tha...
Business Under VAT - What Needs To Be Overseen
January 8th, 2024VAT is a consumer indirect tax and general consumption indirect tax, collected incrementally and based on the business’ production and sales. UAE VAT is imposed on sold and bought goods and services. It is where the end-user has to bear the tax in the supply chain system.With the introduction of VAT in the UAE, it is the goal of the Government to d...
Choosing The Best Tax Consultancy Firm For Your Business
December 22nd, 2023Taxation is something most businesses consider as a hassle and dislike handling. In order to overcome this problem, you can obtain the services of Tax Consultants in Dubai. However, you should be cautious when choosing a tax consultancy firm because taxation is a significant part of any business and it is vital to choose the best firm that will tak...
Get Some Accounting Assistance From Us
December 9th, 2023Every business regardless of its size faces accounting problems. These problems defer from situation to situation and time to time. It might turn out to be hard for you to solve these problems internally. It might be a problem you have never faced before, and you might not know what to do. Maybe your year-end accounts do not balance, and you cannot...
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