An excise tax return is a record of the excise tax paid during each tax period. It is a document where a tax registrant provides details of their supplies and purchases to the Federal Tax Authority (FTA) in the UAE. Businesses must file their excise tax returns online using the FTA portal, as manual submissions are not accepted. The online return form is available in both English and Arabic on the FTA website.
To file your excise tax return, first create an e-services account on the FTA website by signing up with your email address. Once registered, you need to complete your Excise Tax Declaration, Liability, and Deductible forms based on your business activities. After that, you will fill out the monthly Excise Tax Return form. For detailed instructions, refer to the “Excise Tax Return User Guide – 2019,” specifically section 2.5 on page 85, for step-by-step filing details.
The tax period for excise returns is one calendar month. Businesses must file their tax returns through the online FTA portal within 15 days after the tax period ends. If they miss this deadline, they will face a penalty of AED 1,000 for the first time and AED 2,000 for repeated offenses.
The information submitted during the declaration will be added to the excise tax return and auto-filled at the end of the return period. The taxable person should carefully check the details in the return before submitting it. Once confirmed, they must submit the return and pay the excise tax.
Excise tax returns must be submitted within 15 days after the tax period ends. Payment should be made within 15 days after the end of the calendar month. If the deadline falls on a weekend or national holiday, the due date will be moved to the next working day.
In certain cases, excise tax that has already been paid on excise goods can be refunded by the FTA. When this happens, the taxable person can deduct the refundable amount from the total excise tax payable in the next month’s return.
VAT return filing in the UAE requires submitting summary-level details of sales, purchases, output VAT, and input VAT, as per the format prescribed by the Federal Tax Authority (FTA). This process can be complex, and mistakes or missed deadlines can result in penalties ranging from AED 1,000 to 3,000. Using tax accounting software can help businesses generate accurate VAT returns easily and avoid penalties.
A VAT return is a form where businesses report how much VAT they have paid and collected. In the UAE, VAT returns are sent to the Federal Tax Authority (FTA) every three months. Filing a VAT return is important because it summarizes all VAT paid and collected by the business. This process helps ensure compliance with tax laws and keeps business records transparent.
In most cases, VAT returns are filed quarterly. However, the authorities may ask certain businesses to file monthly to minimize the risk of tax evasion and ensure closer monitoring of compliance.
To file a VAT return, businesses need to provide details such as their total sales and purchases, name, address, and Tax Registration Number (TRN). The return must include the tax period, the date of submission, and the value of taxable supplies made during the period, along with the output tax charged, categorized by Emirates.
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