As the UAE accelerates towards a fully digital economy, the Ministry of Finance is spearheading one of the most significant ...

KRA reckons that the exemption has slowed down its bid to rope the hard-to-get informal traders into the tax bracket, denying ...

Tourists from Gulf Cooperation Council (GCC) countries will be treated as tourists from outside the GCC until the ...

The amount of 15 percent value added tax (VAT) paid by tourists while purchasing goods and services in Saudi Arabia will be refunded to them upon their departure. The Zakat, Tax and Customs Authority ...

As Saudi Arabia moves rapidly toward a digital economy, electronic invoicing (e-invoicing) has become a crucial part of business compliance. Since the Zakat, Tax and Customs Authority (ZATCA) made ...

SARS further argued that the premiums were not linked to taxable supplies, that the Fund had failed to provide valid tax invoices or statements required by the VAT Act, and that the Fund had acted ...

The assessee explained that the sales spike aligned with the festive season (Diwali, Dhanteras, Karwa Chauth) and were supported by invoices, VAT returns, audited books, and detailed stock records. It ...

Alex Kane (50) of Cartron, Granard, Longford appeared at a sitting of Longford District Court to face a total of 18 charges relating to charges of deception and using VAT invoices from an ...

In a separate but similar case, 58-year-old Malcolm Kgosietsile Lesolang was convicted on seven counts of fraud for submitting fake VAT invoices, causing SARS a loss of over R7.4 million.