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VAT Return Filing Services in UAE

Accurate VAT return filing is essential for maintaining compliance with UAE tax laws and avoiding penalties. At Parker Russell UAE, an FTA-registered tax agency (Tax Agency Number: 30000269), we provide expert VAT return filing services to help businesses fulfill their obligations efficiently and accurately.

Key Features of Our VAT Return Filing Services

1. Comprehensive Analysis of Supplies

  • Standard Rated Supplies: We analyze and categorize taxable supplies subject to 5% VAT, ensuring proper reporting based on the emirate in which the supply occurred. This includes a detailed breakdown of sales and revenue streams to ensure precise categorization.
  • Zero-Rated Supplies: We identify and validate taxable supplies that qualify for 0% VAT, such as exports and specific goods and services, ensuring compliance with applicable regulations and supporting documentation.
  • Exempt Supplies: We classify exempt supplies such as residential property rentals and certain financial services, accurately reporting them to avoid errors and potential compliance risks.
  • Out-of-Scope Sales: We identify transactions that fall outside the UAE VAT scope, such as certain transactions involving entities not subject to UAE VAT, ensuring they are appropriately excluded from VAT reporting.

2. Input VAT Claim Analysis

We carefully review input VAT claims to ensure they are valid, accurate, and adequately supported by documentation. Our team helps maximize your claimable amounts while minimizing the risk of disputes with tax authorities. This includes advising on corrections and adjustments for prior periods where necessary.

3. Mixed Supply and Apportionment Analysis

For businesses making mixed supplies (a combination of taxable and exempt supplies), we calculate the correct apportionment of input VAT to ensure accurate reporting. This involves detailed analysis of usage patterns, allocation methods, and compliance with FTA guidelines.

4. Tailored Advisory Services

Our team provides bespoke advice to help businesses understand and optimize their VAT position. Whether it’s navigating sector-specific challenges or addressing complex scenarios, we offer clear and practical guidance.

Why Choose Parker Russell UAE?

Steps to complete the process of submitting a VAT Return Form:

Login to the FTA eservices portal and go to the ‘VAT’ tab whereby you will be able to access your VAT Returns.

Complete the Form by filling in the sales and all other outputs as well as on expenses and all other inputs.
Submit the Form carefully by reviewing all the information entered on the form after completing all mandatory fields and confirming the declaration. Once you confirm that all the information included in the VAT Return is correct, click on the Submit button.
Based on your Payable Tax for the Tax Period, proceed to a payment of any payable tax to the FTA or request (if you wish) a VAT refund.
The VAT Return filing in the UAE necessitates an exact summary of facts; the vat workings of Sales, Purchases/Expenses, output VAT, and input VAT can all be done individually. Make sure your information produces an accurate summary of statistics that can be included in the FTA-required Vat Return format.

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