Tag Archives: FTA

How to calculate VAT in UAE

By | January 4, 2023

VAT A value-added tax (VAT) is a form of tax that is levied gradually. It is applied to the price of a product or service. Usually applied at each stage of manufacture, distribution, or sale to the end user. The final customer can reclaim the VAT tax paid if they are a firm that collects… Read More »

Global economies ‘assessing VAT trends’

By | June 1, 2022

As more and more governments view value-added tax (VAT) as part of an overall solution to boost their economies, they have also taken a harder look at VAT fraud and its ramifications, said an industry expert. Countries over the world and particularly the UAE have taken special measures to ensure that fraudsters and violations are… Read More »

Tally Solutions achieves Federal Tax Authority (FTA) accreditation

By | June 1, 2022

Tally Solutions, a leading international accounting, and compliance software provider, has received the Federal Tax Authority (FTA) Accreditation in the UAE, recognizing its commitment to safer, more efficient and faster Value-Added Tax (VAT) operations. “It’s a privilege to receive this accreditation and be recognized by the FTA for our strong compliance culture. While the accreditation… Read More »