Alex France
May 10, 2024 12:45 PM

Can I Claim VAT on my current bill

I just started my company in UAE, I just wanted to know that Can I Claim VAT on my electricity bill ?

All Replies (3)
Muhammed Althaf Hassan
3 days ago

Sure, you can claim VAT on your current bill if you meet the eligibility criteria. Make sure the bill includes the necessary details, such as the supplier's VAT number, your business's VAT number, and a clear breakdown of the VAT amount. Keep in mind that not all expenses may be eligible for VAT reclamation.

Tincy Babu
3 days ago

Business must be registered for VAT in the UAE to claim input tax credits on expenses like electricity bills and must be used for business purposes.

3 days ago

Whether you can claim VAT on your current bill depends on several factors, including your business's VAT registration status, the nature of the expense, and whether the bill meets the requirements for a valid tax invoice. If your business is registered for VAT and the expense is incurred for business purposes, you may be eligible to claim VAT. However, it's essential to ensure that the expense meets all the necessary criteria and to maintain proper documentation to support your claim. If you're unsure, it's advisable to consult with a tax advisor or accountant for guidance specific to your situation.

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