- Mek
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Waiver of Penalty by FTA
Tax Registration Penalty The Federal Tax Authority has announced an initiative to waive the administrative penalty for Late Submission of Corporate Tax Registration Applications within the specified deadline. This initiative is intended to further support the UAE business sector by enabling mechanisms that allow taxpayers to meet their tax obligations. FTA page to refer: https://tax.gov.ae/en/about.fta/waiver.of.penalties.aspx Waiver Conditions To […]
- Bens@Website
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FTA Reduced Vat Penalties
UAE Announces reduction in VAT Administrative Penalties by Cabinet Decision no. 49 of 2021 that will be applicable 60 days from April 28, 2021. Bens Chartered Accountants is pleased to share the great gesture by FTA to combat the impact of Covid19 on businesses. Key highlights of the decision: Pending Tax Penalty Taxpayers who currently […]
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