Media ININ Economy We Trust
Media In – Abu Dhabi – February 2, 2019
The awareness campaign on tax invoice standards will begin Sunday morning in Abu Dhabi markets and will need to be issued for sales by all businesses registered in the value added tax system in order to protect consumer rights launched by the Federal Tax Authority from January 28 to communicate directly with consumers. And retailers to identify the importance of the tax invoice and the legal conditions to be available in the invoice, in the framework of cooperation between the Authority and the economic development departments and other concerned authorities in the State.
The campaign, organized by the Federal Tax Authority under the slogan “Your tax bill, your right and your guarantee”, will be held in cooperation with the Department of Economic Development in Abu Dhabi over four days during this week in most commercial areas in Abu Dhabi city and will resume next week in Al Ain and Al Dhafra. During the first quarter of this year in all emirates in a sequential manner weekly.
Khalid Ali Al Bustani, Director General of the Federal Tax Authority, said in a press release today, “MediaN”, a copy of it, that the new campaign launched by the Authority during the past week under the slogan “Your tax bill, your right and your guarantee” comes within the comprehensive plans implemented by the Authority to encourage compliance Tax, and combating tax evasion by launching various campaigns to raise awareness of all sectors concerned with the tax system.
He added: “The tax invoice campaign comes as part of the Authority’s intensive efforts to fully transfer the tax invoices to all commercial transactions, raise the tax awareness of consumers and introduce them to their tax rights and duties to protect them from any attempts to exploit the application of the tax.
During the retail campaign, retailers are required to ensure that all those subject to value added tax and selective tax comply with the prices of goods and services, including tax, in order to avoid administrative fines. Consumers and consumers are also aware of their rights. The introduction is tax-inclusive and is the price actually paid when you receive the tax invoice that includes the advertised price followed by a detailed explanation of the total price paid and the tax amount included therein.
She pointed out that consumers are also stressed on the need to adhere to the receipt of tax invoices when paying any amounts of sales outlets subject to VAT, and that the tax invoice should not be waived for not giving the opportunity to some to try to profit illegally by exploiting the application of the tax system, Obligation of all taxable persons to issue tax invoices or alternative documents when making any purchase.
