In UAE VAT, the standard VAT return period applicable to most of the taxpayers is quarterly return i.e. three calendar months. Also, the FTA may request a certain type of business to file the VAT return on a monthly basis. The last date to file the return will be the 28th day following the end of the VAT return period.
At the end of each tax period, VAT registered businesses or the ‘taxable persons’ must submit a ‘VAT return’ to Federal Tax Authority (FTA).
A VAT return summarises the value of the supplies and purchases a taxable person has made during the tax period, and shows the taxable person’s VAT liability.
The liability of VAT is the difference between the output tax payable (VAT charged on supplies of goods and services) for a given tax period and the input tax (VAT incurred on purchases) recoverable for the same tax period.
Where the output tax exceeds the input tax amount, the difference must be paid to FTA. Where the input tax exceeds the output tax, a taxable person will have the excess input tax recovered; he will be entitled to set this off against subsequent payment due to FTA.
28th December 2021
Last date of filing return and payment of VAT for the previous month and periods will be 28th December 2021.
How to make VAT payment in UAE
There are three ways to pay your VAT returns: with an e-Dirham card or credit card, with a bank transfer, or with eDebit.
Pay via e-Dirham Card or Credit Card. The e-Dirham payment gateway supports payments through an e-Dirham card or a credit card (Visa and MasterCard only).
Pay via Bank Transfer. …
Pay via eDebit.