hard20 pts · first answer countsuae-vat
UAE VAT return with exports
A UAE company’s sales for the quarter are AED 230,000, of which AED 30,000 are zero-rated exports and the rest are standard-rated. Standard-rated purchases are AED 120,000 and all input VAT is recoverable. Amounts exclude VAT. What is the net VAT payable at 5%?
Discussion 0
Join free to post in the discussion.
Related questions
- Total on a UAE VAT invoiceAccountant
- Standard UAE VAT rateTax Consultant
- TRN on a UAE tax invoiceTax Consultant
- A zero-rated UAE supplyTax Consultant
- UAE VAT on imported servicesTax Consultant
- UAE VAT mandatory registrationTax Consultant
- Input VAT on client entertainmentTax Consultant
- Deadline to issue a UAE tax invoiceTax Consultant