Updating and fta

Posted by / 18-Nov-2019 07:08

Labour Accommodation: Some of the labour accommodation will be treated as supply of residential property, and some of the labour accommodation will be treated as supply of serviced accommodation.

Change in the List of Designated Zones – A Designated Zone is an area specified by a Cabinet Decision as being a “Designated Zone”.The recent updates are related to the following: How to record currency Exchange Rates in your books of accounts?Exchange Rates: Article 69 of Federal Decree-Law No.Recently the Federal Tax Authority issued some guidelines on tax treatment and tax procedure for better understanding of the UAE VAT law.This blog will explain the recent amendments, clarifications and guidance on tax treatment issued by FTA which might have an impact on your business.

updating and fta-86updating and fta-20updating and fta-28

VAT treatment of compensation-type payments: If payment is not a consideration for supply, then there is no VAT due on payment.