Concord Accounting and Taxation Services

VAT on imports isn’t just about paying the right amount — it’s about proving it later.
If you’re importing into the UAE, make sure you’ve got the basics locked in:
Customs/Bill of Entry
Supplier invoice + shipping docs
A clean trail: order → invoice → payment → delivery
Because the fastest way to trigger a query is missing paperwork or mismatched VAT treatment.
Save this for your next import audit day.

𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧:
🌐 www.conncordtax.com

Mid-year audit coming up? Fix these before they turn into penalties.

Swipe through to:
- Reconcile cash and bank
- Match invoices, receipts, and bank entries
- Double-check VAT treatment
- Organize supporting docs
- Clean up aging balances and misclassifications

Save this for later and comment AUDIT if you want the full checklist series.

𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧:
🌐 www.conncordtax.com

Praying for peace, faith, and safety for the Ummah.

| accounts | audit | financial management | accounting | UAE

VAT input recovery can be a win for your cash flow, but not every cost qualifies. Save this post for later.

𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧:
🌐 www.conncordtax.com

VAT reverse charge (RCM) in one swipe: when it applies, what to do, and mistakes to avoid.
Save this and comment “RCM” if you want more VAT breakdowns.

𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧:
🌐 www.conncordtax.com

If you are unsure whether something is deductible, start with this rule: was it necessary to earn business income and can you prove it?
Save this for later comment with your thoughts.

𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧:
🌐 www.conncordtax.com

𝐄𝐢𝐝 𝐌𝐮𝐛𝐚𝐫𝐚𝐤!

If you wait till the deadline, it'll for sure feel like crises.

𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧:
🌐 www.conncordtax.com

What monthly bookkeeping includes?
Swipe to know!

𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧:
🌐 www.conncordtax.com

Learn how to avoid penalties.

𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧:
🌐 www.conncordtax.com