Will VAT be an expense to the businesses in UAE?

Where you are occupied with the supply of products or administrations that are liable to VAT (counting at the zero rate) you will be qualified for recover VAT you bring about on expenses. Where you are occupied with exercises that are excluded from VAT and you can't recover VAT brought about on costs, VAT will be an expense to your business (as providers will charge VAT that you can't recover).

Faqs | 👁 1384 | Posted October 21, 2018 | Share on Facebook | Twitter | Google+

| Modified: October 21, 2018 | Author: