ITQAN Accounting

save your money by eliminating costly positions.inhouse accouting departments is expensive because of paying salaries and benefits to full time employees, so outsource your accounts department and cut your cost of Accounting department 60% by hiring team of expert Accountants.

Try ITQAN ACCOUNTING , ACCOUNTING AND BOOKEEPING SERVICES

FOR info contact on

phone : 0567303655

Email : [email protected]

Happy First Day of New Islamic Year Everyone, Let’s spread peace by sharing this new islamic year wish with all, no matter what religion, race, nation we belongs to. ACCOUNTING

Protect your assets and reduce the possibility of fraud,

Improve the efficiency of your operations,

Increase your financial reliability,

Ensure compliance with laws and regulation

These are all benifits of internal Audit

Try internal Audit services of ITQAN ACCOUNTING,

Contact us 0567303655

email address: [email protected]

You Focus on Your Business, Let Us worry About Your Books,
Choose ITQAN ACCOUNTING FOR Accounting and bookeeping services and cut down your accounts department cost by 60%.
our packages started from low cost.

contact us 0567303655

email ; [email protected]

From the month of August the sale and possession of all types of ci******es not bearing the Digital Tax Stamps will be prohibited across UAE markets - the Federal Tax Authority (FTA) announced on 31 July 2019.

Public clarification of interest and dividends

The UAE VAT Law suggests that interest and dividend earned is exempt from VAT. However, the FTA has confirmed that passively earned interest income from bank deposits and dividend income are outside the scope of VAT since the business does not make any supply to earn these amounts.

Other interest income such as interest on loans and credit will continue to be treated as exempt supplies.

Public clarification on donation, grants and sponsorships
The clarification confirms that if the donor, grantor or sponsor has received any benefit in return for payments then it will be considered as a supply under the UAE VAT Law. The benefit received must have a close nexus to the payment to be taxable. All the facts and circumstances of the transaction should be analyzed before determining the VAT treatment.

To read the entire clarifications click on the link

www.tax.gov.ae

If you’re a VAT-registered business you must report the amount of VAT you’ve charged and the amount of VAT you’ve paid to the government on a regular basis. It will be a formal submission and it is likely that the reporting will be made online.
If you’ve charged more VAT than you’ve paid, you have to pay the difference to the government. If you’ve paid more VAT than you’ve charged, you can reclaim the difference.

We are definitely can help you with our services regarding your VAT related matters
contact us:
Phone: +971 567303655
Email: [email protected]

On behalf of the whole team of ITQAN ACCOUNTING, We extend best wishes to everyone at home and abroad for a blessed EID.

EID ADHA MUBARAK !!!

Need Accounting & Bookkeeping Services?

• Accounting & Bookkeeping,
• External & Internal Audit
• Certified Accountant Services
• VAT Consultancy & Return Filling,
• Preparation of Business Plans, Feasibility Studies
• Budgeting and Forecasting.

Call Us Today 0567303655