Sam Alex
6
2023
Mar 15, 2023 09:57 AM

How do I pay VAT?

How do I pay VAT?

All Replies (6)
Tyche FD
1 year ago

After VAT registration in the UAE, you must regularly file VAT returns with the Federal Tax Authority (FTA). This involves reporting your taxable transactions and the VAT you've collected and paid. Ensure accurate records, submit returns on time, and settle any VAT liability promptly through FTA's online portal.


Nandana Nithiyanandan
1 year ago

Registered businesses must pay their due tax online only through the website of Federal Tax Authority, using one of the following options:


paying via eDirham or credit card

via eDebit

via bank transfer – local transfer

via bank transfer – international transfer.


Josna Thomas
1 year ago
You can pay VAT using any of the following methods:
  1. e-Dirham card or credit card.
  2. eDebit.
  3. Local bank transfer.
  4. International bank transfer.

Jenifer. Lovely
1 year ago

To pay Value Added Tax (VAT) in the UAE when you are registered on the VAT portal, you can follow these steps:


1. **Login to the VAT Portal:** Go to the official UAE Federal Tax Authority (FTA) website and log in to your VAT account using your registered credentials.


2. **Navigate to the Payment Section:** Once logged in, navigate to the section of the portal that deals with VAT payments. This may vary slightly depending on any updates to the portal's interface, but it should be prominently displayed.


3. **Submit Your VAT Return:** Before making a payment, you typically need to submit your VAT return. This involves providing details of your taxable sales, purchases, and other relevant information.


4. **Calculate VAT Due:** The portal will help you calculate the amount of VAT you owe based on your VAT return. It will usually involve subtracting the input VAT (VAT paid on purchases) from the output VAT (VAT collected from customers).


5. **Initiate the Payment:** Once you know the VAT amount you owe, you can initiate the payment process through the portal. You will likely have various payment options available, such as credit card, direct bank transfer, or other electronic payment methods.


6. **Confirm Payment:** After making the payment, you should receive a confirmation of the transaction. Keep records of this confirmation for your records.


7. **Filing Deadlines:** Be sure to pay your VAT by the specified deadlines to avoid penalties or fines. VAT payment deadlines are typically quarterly in the UAE.


8. **Review and Reconcile:** It's essential to regularly review your VAT transactions, payments, and reconcile them with your financial records to ensure accuracy and compliance.


Bryce Dsouza
1 year ago

VAT and excise tax registered businesses must pay their tax dues electronically through the website of the Federal Tax Authority. Once you have registered for VAT, you are required to file your VAT return and make related VAT payments within 28 days from the end of your tax period. You can pay your due tax online only through the website of Federal Tax Authority, using one of the following options: paying via eDirham or credit card; via eDebit; via bank transfer – local transfer; via bank transfer – international transfer.






Adam Franz
1 year ago

You can pay your VAT through the official website of Federal Tax Authority 

with these options paying via eDirham or credit card

via eDebit

via bank transfer – local transfer

via bank transfer – international transfer.

 


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