Latest news with #Taxpayers
Zawya
2 hours ago
- Business
- Zawya
Call for Corporate Tax taxpayers to complete Tax Records, submit Tax Returns, and pay Corporate Tax due
Abu Dhabi: The Federal Tax Authority (FTA) has today issued a call for Corporate Tax taxpayers to finalise their Tax records, submit their Tax Returns, and pay Corporate Tax due for the relevant Tax Periods within the specified deadlines. The FTA also emphasised the importance for Corporate Tax taxpayers (or Exempt Persons required to register) to file their Tax Returns (or annual declarations) and pay the Corporate Tax due to the FTA within a period not exceeding nine months from the end of the Tax Period for each registrant. The FTA clarified that filing Tax Returns (or annual declarations) and paying taxes owed by taxpayers is a fundamental legal obligation that must be fulfilled to ensure compliance with tax legislation and avoid fines and penalties for non-filing and delays. The FTA highlighted the importance of registrants to prepare the documents needed to file their Corporate Tax return as early as possible, ensuring that all required information is available and submitted within the specified timelines. The documents needed before beginning the filing process include commercial licenses, financial records, and business activity details. Early preparation helps taxpayers to meet their tax obligations efficiently and on time. The FTA stressed its commitment to continuously improving its services in line with international best practices, providing comprehensive support to the business sector, and facilitating compliance with the Corporate Tax Law and its procedures with ease, accuracy, and efficiency. Emphasis was also placed on the fact that registration, submitting Tax Returns, and payment of Corporate Tax due are available features on the EmaraTax platform under digital tax services, which is accessible 24/7. These procedures are characterised by clarity, ease, and speed. The FTA also encourages registrants to ensure that their tax returns are complete and accurate. Taxpayers subject to Corporate Tax can file their Corporate Tax Returns and pay the Corporate Tax due directly through the EmaraTax platform or seek assistance from authorised Tax Agents listed on the FTA's website. To be aware and fully informed about Corporate Tax Law, implementing decisions, and related guidelines, all relevant stakeholders can find more information available through the FTA's official website: About Federal Tax Authority: The Federal Tax Authority was established by Federal Decree-Law No. (13) of 2016 to help diversify the national economy and increase non-oil revenues in the UAE through the management and collection of federal taxes based on international best practices and standards, as well as to provide all means of support to enable taxpayers to comply with the tax laws and procedures. Since its inception in 2017, the FTA has been committed to cooperate with the competent authorities to establish a comprehensive and balanced system to make the UAE one of the first countries in the world to implement a fully electronic tax system that encourages voluntary compliance, with simple procedures based on the highest standards of transparency and accuracy – beginning from registration, to the submission of tax returns, to the payment of due taxes through the Authority's website:
Zawya
2 hours ago
- Business
- Zawya
UAE: FTA calls Corporate Tax taxpayers to complete Tax Records
The Federal Tax Authority (FTA) has today issued a call for Corporate Tax taxpayers to finalise their Tax records, submit their Tax Returns, and pay Corporate Tax due for the relevant Tax Periods within the specified deadlines. The FTA also emphasised the importance for Corporate Tax taxpayers (or Exempt Persons required to register) to file their Tax Returns (or annual declarations) and pay the Corporate Tax due to the FTA within a period not exceeding nine months from the end of the Tax Period for each registrant. The FTA clarified that filing Tax Returns (or annual declarations) and paying taxes owed by taxpayers is a fundamental legal obligation that must be fulfilled to ensure compliance with tax legislation and avoid fines and penalties for non-filing and delays. The FTA highlighted the importance of registrants to prepare the documents needed to file their Corporate Tax return as early as possible, ensuring that all required information is available and submitted within the specified timelines. The documents needed before beginning the filing process include commercial licences, financial records, and business activity details. Early preparation helps taxpayers to meet their tax obligations efficiently and on time. The FTA stressed its commitment to continuously improving its services in line with international best practices, providing comprehensive support to the business sector, and facilitating compliance with the Corporate Tax Law and its procedures with ease, accuracy, and efficiency. Emphasis was also placed on the fact that registration, submitting Tax Returns, and payment of Corporate Tax due are available features on the EmaraTax platform under digital tax services, which is accessible 24/7. These procedures are characterised by clarity, ease, and speed. The FTA also encourages registrants to ensure that their tax returns are complete and accurate. Taxpayers subject to Corporate Tax can file their Corporate Tax Returns and pay the Corporate Tax due directly through the EmaraTax platform or seek assistance from authorised Tax Agents listed on the FTA's website. To be aware and fully informed about Corporate Tax Law, implementing decisions, and related guidelines, all relevant stakeholders can find more information available through the FTA's official website:
Emirates 24/7
3 hours ago
- Business
- Emirates 24/7
FTA calls Corporate Tax taxpayers to complete Tax Records, submit Tax Returns, pay Corporate Tax due within specified timelines
The Federal Tax Authority (FTA) has today issued a call for Corporate Tax taxpayers to finalise their Tax records, submit their Tax Returns, and pay Corporate Tax due for the relevant Tax Periods within the specified deadlines. The FTA also emphasised the importance for Corporate Tax taxpayers (or Exempt Persons required to register) to file their Tax Returns (or annual declarations) and pay the Corporate Tax due to the FTA within a period not exceeding nine months from the end of the Tax Period for each registrant. The FTA clarified that filing Tax Returns (or annual declarations) and paying taxes owed by taxpayers is a fundamental legal obligation that must be fulfilled to ensure compliance with tax legislation and avoid fines and penalties for non-filing and delays. The FTA highlighted the importance of registrants to prepare the documents needed to file their Corporate Tax return as early as possible, ensuring that all required information is available and submitted within the specified timelines. The documents needed before beginning the filing process include commercial licences, financial records, and business activity details. Early preparation helps taxpayers to meet their tax obligations efficiently and on time. The FTA stressed its commitment to continuously improving its services in line with international best practices, providing comprehensive support to the business sector, and facilitating compliance with the Corporate Tax Law and its procedures with ease, accuracy, and efficiency. Emphasis was also placed on the fact that registration, submitting Tax Returns, and payment of Corporate Tax due are available features on the EmaraTax platform under digital tax services, which is accessible 24/7. These procedures are characterised by clarity, ease, and speed. The FTA also encourages registrants to ensure that their tax returns are complete and accurate. Taxpayers subject to Corporate Tax can file their Corporate Tax Returns and pay the Corporate Tax due directly through the EmaraTax platform or seek assistance from authorised Tax Agents listed on the FTA's website. To be aware and fully informed about Corporate Tax Law, implementing decisions, and related guidelines, all relevant stakeholders can find more information available through the FTA's official website:
Daily Mail
4 hours ago
- Business
- Daily Mail
Thousands saw their savings soar thanks to my tips earlier this year. This is how you can follow their lead and get a great rate... but time is running out: SYLVIA MORRIS
Savers have wised up to the importance of cash Isas so as not to get caught in the tax net on their interest. They ploughed a huge £14.3billion into these accounts in April, 24 pc more compared to the same month last year.
Telegraph
2 days ago
- Business
- Telegraph
Rubbish collections delayed as binmen go on holiday
Rubbish collections are being delayed in London because of a staff shortage fuelled by binmen going on holiday. Ealing council has declared a driver shortage and admitted it could start paying the remaining workers more to fill the gap. The Labour-run authority said that although some staff were off sick, it expected the disruption to continue until September once holidays had finished. On Sunday night, the Government warned the council that taxpayers 'rightly expect and rely on' regular waste collections and that it must continue to provide the 'vital' service. Council tax bills went up across the borough in April, with charges increasing from £1,948 to £2,041 for the average Band D home. Those living in Band H homes, meanwhile, are now paying more than £4,000 in council tax. The disruption comes as residents of Birmingham wait for a resolution to a dispute between the binmen's union and the council which has seen rubbish piling up for six months. Ealing council said bin collection services were being deployed later than usual in a statement first issued to the Chiswick Calendar, a local news website. It added that any bins not collected on schedule would be prioritised the following day. A council spokesman said: 'We are sorry about the delays that are occurring to bin collections due to driver shortage and the impact it is having on residents. 'This is because a number of staff are currently off sick and, in addition, as it is the summer holiday period many staff are on leave, which we anticipate lasting until September when the holidays have finished.' The council said it was 'actively recruiting more staff' and that it employed a number of HGV drivers, who were 'highly sought after' by businesses that could offer them more money. 'This is an ongoing issue and we are reviewing salaries and other incentives for staff,' it added. Susan Hall, leader of the London Assembly Conservatives, said bins going uncollected across the capital was 'absolutely outrageous'. Ms Hall told The Telegraph: 'When you're paid to do a job, damn well do it and the people in charge of them, they need to be talked to as well. 'When you're running a company or a business, you have to make sure you've got a certain amount of staff in order to deliver the service you're providing. 'Just because these people work for a council, they assume they can do what they like. It's not good enough.' A spokesman for the Ealing Conservatives said: 'Ealing Council should have foreseen driver shortages over the summer. 'We are monitoring the situation carefully, as it's critical that waste is promptly collected over the hot period.' Earlier in the summer, residents in Croydon complained that their borough was filled with the 'persistent smell of decay' after waste management company Veolia failed to empty bins. Veolia was given a £21.5m eight-year contract by the local authority in April but there have been complaints of bins going uncollected for as long as seven weeks. The company apologised for having to re-route all kerbside collections, which it insisted would lead to 'more efficient' service in the long run but at the expense of short-term operations. Rowena Davies, the Labour mayoral candidate in Croydon, said the service being provided was 'so shockingly disappointing'. In Birmingham, rubbish continues to pile up as the dispute between the Unite trade union and the council in England's second city runs into a sixth month. Talks between Unite and the Labour-run council are deadlocked, with the local authority having paid £8m in agency costs to keep a skeleton bin service running. A Government spokesman said: 'Taxpayers rightly expect and rely on regular waste collections, and the government expects councils to continue providing this vital service to residents. 'Local communities deserve good public services which is why we've already made over £69 billion available this year to boost council finances, alongside more than £1bn for councils to improve recycling services. 'We will go further to reform the outdated funding system ensuring councils are funded fairly.'
