This is a friendly reminder that the VAT Return filing deadline is approaching soon. Please ensure that your VAT return for the current tax period is submitted by 30th September 2024.
Key Points to Remember:
- Due Date: 30th September 2024
- Tax Period: 1st June 2024 - 31th August 2024
VAT Thresholds to Note:
- Mandatory Registration Threshold: If your taxable supplies exceed AED 375,000 or if you expect to exceed this threshold in the next 30 days, you must be registered for VAT.
- Voluntary Registration Threshold: Businesses with taxable supplies between AED 187,500 and AED 375,000 or if you anticipate surpassing this threshold in the next 30 days, you may choose to register for VAT.
Timely submission and payment are crucial to complying with UAE tax regulations.
If you have any questions or need assistance, please don't hesitate to contact our team.