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FTA approves $691m in home-construction tax refunds for UAE nationalsThe Federal Tax Authority (FTA) has approved a total of 30,920 applications for Value Added Tax (VAT) refunds worth a total of AED2.54 billion ($691 million) submitted by Emirati citizens for taxes incurred on building new residences since the More… |
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FTA approves $691m in home-construction tax refunds for UAE nationalsThe Federal Tax Authority (FTA) has approved a total of 30,920 applications for Value Added Tax (VAT) refunds worth a total of AED2.54 billion ($691 million) submitted by Emirati citizens for taxes incurred on building new residences since the More… |
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Bahrain VAT payers urged to update contact detailsBahrain's National Bureau for Revenue (NBR) has called on all VAT payers to update their contact details registered on the NBR portal to ensure they receive all important updates and notifications. Ma More… |
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VAT will remain ‘key source of revenue’ for UAEValue-added Tax (VAT) will continue being the primary revenue-generating tax for the UAE for the next few years, according to a report published by WTS Dhruva Consultants on the occasion of the fifth anniversary of VAT. More… |
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UAE launches 100% digital VAT refund system for touristsThe UAE Federal Tax Authority (FTA), in partnership with Planet Tax Free, today launched the “world’s most innovative, 100% digital VAT-refund scheme” for tourists. The paperless procedu More… |
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UAE launches 100% digital VAT refund system for touristsThe UAE Federal Tax Authority (FTA), in partnership with Planet Tax Free, today launched the “world’s most innovative, 100% digital VAT-refund scheme” for tourists. The paperless procedu More… |
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Bahrain moves will improve finances: FitchA reboot of Bahrain’s Fiscal Balance Programme (FBP), including a rise in the VAT rate, could improve the trajectory of the country’s public finances, says Fitch Ratings. "We believe that More… |
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Bahrain mulls change in VAT rate to support economyBahrain is considering several options to support the financial and economic recovery and to maintain social support for eligible citizens, including adjusting the rate of the value-added tax (VAT), it was revealed at a key meeting. More… |
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KPMG holds tax awareness seminar in ArabicKPMG in Bahrain recently hosted a tax and VAT awareness seminar in Arabic to discuss the key learnings and what to expect going forward as the kingdom approach the 1,000 days milestone since the introduction of VAT. The event was More… |
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KPMG holds tax and VAT awareness seminarKPMG in Bahrain recently hosted a Tax and VAT awareness seminar to discuss the key learnings and what to expect going forward as the kingdom approaches the 1,000 days milestone since the introduction of VAT. More… |
