“Federal Tax” receives the declarations of the period ending last May

Media In – Abu Dhabi June 18,
The Federal Tax Authority started this month to receive tax returns from the works registered within the value added tax system, which ended its first tax term by the end of May, in addition to the work that ended its monthly period at the end of the same month through the portal of electronic services through which all procedures are completed Submit statements and pay taxes promptly and accurately.
The Commission confirmed in a press release issued today that the 28th of June is the maximum limit for submission of declarations for the tax period ended at the end of last month, calling registered businesses covered for this period to prepare to submit their declarations and pay the taxes due within the specified period of time, For tax amounts before June 28 to avoid exposure to administrative fines in case of non-compliance.
Khalid Ali Al Bustani, Director General of the Federal Tax Authority, said that the Authority was keen on simplifying the procedures of submitting declarations and paying the taxes payable through the electronic services available on the official website of the Authority, which was designed according to international best practices, which provides flexible and flexible payment mechanisms.
He stressed the need to check the accuracy of all data entered with respect to declarations or payment electronically, especially to ensure the transfer of the amount due to the correct number “GIBAN”, explaining that the responsibility to verify the transfer on the correct number falls on the taxable and if the amount was transferred to the number “GIBAN” Incorrect The TRA will not be responsible for the follow-up of the transfer and therefore the registrar who entered the wrong number must contact the bank dealing with it to remedy and rectify the error. The delay fine will be applied if the due amount is not transferred on time.
He stressed the importance of early readiness to submit tax returns within the specified time periods for each tax period.