VAT Payment

VAT Payment in UAE


The payment of tax collected by VAT registered businesses to the government is known as VAT payment in UAE. A VAT of 5% is charged on taxable supply of goods and services by the businesses registered in UAE VAT. The business is also required to pay 5% VAT to their suppliers when they purchase goods and services from them.

VAT that is collected by registered businesses should be paid to the government. There are two types of VAT. Output VAT and Input VAT which can help in understanding the payment of VAT to the government. Value Added Tax calculated and charged on your own sales of goods and services if you are registered for VAT is called Output VAT. Whereas Input VAT is Value Added Tax that is being added to the price you pay for goods and services. It is a tax paid by the business to its suppliers. The VAT payment in UAE is determined after counterbalancing the Output VAT and Input VAT. There are multiple ways to make VAT payment in UAE. They areMagnati, Credit Cards, and Bank Transfer (GIBAN). The payments can be made through the Federal Tax Authority (FTA) portal under “My Payments”.

Our HALSCA team is experienced to do all the services related to VAT payment in UAE. It is important to make timely payments to avoid any fines or penalties. We have been handling multiple clients all around UAE since 2007 and have enough experience to cater to all your needs and VAT related enquiries. Don’t hesitate to get in touch with HALSCA team.

Who is having TRN

The taxable person is liable to remit the amount of tax due to the FTA within the time frame specified by the UAE VAT Law; i.e. within 28 days from the end of each tax period.

Federal Tax Authority’s online portal https://eservices.tax.gov.ae/en-us/

Go to My Payment option from Dashboard and enter the amount you want to pay under the relevant box, and click “Make Payment”. Please note that partial payments can be made i.e. you do not have to pay the entire amount due. However, make sure you pay the entire amount before due date to avoid penalty. Older liabilities will be paid off first and then the more recent ones will be fulfilled afterwards.

1. Paying via e-Dirham or credit card

2. Paying via Bank Transfer – Local Transfer

3. Paying via Bank Transfer – International Transfer

 
     
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