The VAT clock is ticking and will strike midnight on 1s January 2018 when a new Value Added Tax (“VAT”) regime is planned to take effect in UAE. This represents a monumental change for businesses and citizens of UAE, all of whom will be affected to some degree by this development. For the business community, the impact will be of huge significance, affecting both businesses that must register and account for VAT as well as those who are not required or able to register for VAT.
An HMRC video explaining the importance of good record keeping for VAT purposes. HMRC is the UK’s tax, payments and customs authority.
Do your customers sometimes complain because you don't charge VAT or issue VAT receipts? Do they suggest that you should charge VAT? This HMRC video will tell you who should charge VAT and when you need to register for VAT. HMRC is the UK’s tax, payments and customs authority. We collect the money that pays for the UK’s public services and help families and individuals with targeted financial support.
An introduction to the issues involved when trading with other countries via the Internet.