Classifieds | Archives | Jobs | About TGT | Contact | Subscribe
 | 
Last updated 3 hours, 5 minutes ago
Printer Friendly Version | TGT@Twitter | RSS Feed |
HOME LOCAL MIDEAST ASIA WORLD BUSINESS SPORT OPINION WRITERS
FTA outlines online procedure for tax returns
February 08, 2018
 Print    Send to Friend

ABU DHABI: The Federal Tax Authority, FTA, has outlined a simple four-step online procedure allowing businesses to easily submit their tax returns via the e-Services portal on the authority’s website.

The FTA launched a comprehensive awareness campaign titled, ‘Filing Returns in 4 Steps’, covering social, digital and other media channels. The campaign targets businesses registered for Value Added Tax, VAT, introducing them to the online system that the FTA had launched. From the beginning of February 2018, the system has been open to receiving tax returns for the first Tax Period ending on January 31st, 2018, for some businesses, which are required to submit their returns no later than 28th February 2018.

Khalid Al Bustani, FTA Director-General, said that tax returns can be submitted 24/7 through the e-Services portal on the auhority’s website, which was designed based on international best practice to help registrants submit their tax returns and raise tax awareness among the public. He reiterated FTA’s commitment to providing businesses with best-in-class electronic services that allow them to easily register and submit their returns.

In its campaign, the FTA explained that businesses registered in the VAT system are required to submit their returns on a monthly or quarterly basis, as specified by the authority.

Information about Tax Periods is available on the FTA website, where registered businesses can check their allocated tax periods.

The authority mandates that Tax Returns must be received no later than the 28th day following the end of the Tax Period concerned, providing a number of methods to process the payment of any tax via the e-Dirham platform.

The FTA stressed that Taxable Persons should prepare all tax return requirements before starting the online submission. The first step to submitting tax returns is to enter the e-Services portal on the authority’s website, then choose the “VAT” tab and scroll to the company’s dedicated “VAT Returns” page and initiate a new VAT return.

WAM

Add this page to your favorite Social Bookmarking websites
Comments
 
Post a comment
 
Name:
Country:
City:
Email:
Comment:
 
    
    
Related Stories
FTA clears tourists refund Scheme
FTA for timely submission of tax returns
ABU DHABI: The Federal Tax Authority (FTA), has called on businesses registered for Value Added Tax (VAT), and whose quarterly and monthly tax periods ended by March 31st..
Over 275,000 businesses register for VAT
Dubai: Over 275,000 companies and individuals have registered for the value-added tax (VAT) with the Federal Tax Authority upon the completion of 100 days since the imple..
‘UAE has best integrated tax systems’
DUBAI: The UAE has succeeded in establishing an integrated tax system that is now considered as one of the best in the world, said Sheikh Hamdan Bin Rashid Al Maktoum, De..
FTA sets final deadline for tax returns
ABU DHABI: The Federal Tax Authority (FTA) has called on all businesses registered for the Value Added Tax (VAT), whose first tax periods end on January 31, 2018, to subm..
FRONTPAGE
 
GALLERY
 
PANORAMA
 
TIME OUT
 
SPORT
 
 
Advertise | Copyright