The Federal Tax Authority (FTA) has urged businesses to submit their Tax Returns and pay due taxes for the tax period that ended on April 30, since the final deadline for submitting these is on Monday, 28th May 2018. The FTA warned the businesses included in this tax period to comply with the deadline in order to avoid administrative penalties.
The FTA has also announced the release of eight educational awareness videos targeting businesses guiding them through the simple four-step procedure required to complete and submit tax returns and pay taxes through its website: www.tax.gov.ae. The videos can be viewed on its official website and social media channels, as well as through all news websites. These educational and awareness efforts are part of the FTA’s strategy to improve its services and encourage self-compliance with tax procedures using advanced electronic systems.