VAT & TAX Consultancy
"Maximize your tax savings and minimize your compliance risks with my VAT & Tax Consultancy services."
Overview of VAT & TAX Consultancy
Starting a business can be a daunting task, especially when it comes to filing taxes, which is known to be one of the most challenging tasks globally. The process becomes even more complicated when it involves foreign affairs and complying with international taxation policies. To overcome these challenges, businesses need a well-planned taxation strategy. The introduction of Value Added Tax (VAT) was being adopted worldwide, while the tax system in the United Arab Emirates (UAE) was still undefined due to the presence of free zones. However, realizing that implementing VAT would increase a company’s brand value and provide additional revenue for the government, GCC countries agreed to work together to implement a proper VAT system.
The Ministry of Finance introduced VAT in the start of 2018, with a 5% tax rate. This move was a significant decision made by the government, resulting in a massive impact on UAE’s taxation system. Furthermore, the tax law exempts corporate tax and income tax, which adds to the implications of VAT 2018. The implementation of VAT in UAE can have significant implications for businesses, and it is essential to understand the changes to stay compliant with the new tax system.
Professional Assistance for VAT & TAX Consultancy
Looking for professional assistance in ensuring your business is in compliance with tax laws? Look no further, as I can provide expert support in a variety of areas including income tax preparation and lodgement, GST advice and BAS preparation, Fringe Benefits Tax return preparation, property and capital gains tax planning, tax risk management, and PAYG and superannuation compliance. With my help, you can rest assured that your business is meeting all necessary tax requirements and avoiding any potential penalties. Trust me to provide the guidance and expertise you need to keep your business on track.
As a professional, I offer comprehensive support and counsel across various domains, including:
- Filing and submission of Income Tax
- Offering guidance on GST and preparing and submitting BAS
- Aiding in preparing the Fringe Benefits Tax (FBT) Return
- Devising property and Capital Gains Tax (CGT) strategies and plans
- Tax planning and managing Tax risks
