Insights

COVID-19 : UAE extends deadline for VAT filings to May 28

In light of the unprecedented precautionary measures undertaken by the UAE to curb the spread of COVID-19, the Federal Tax Authority (FTA) has issued an alternative deadline to file tax returns for VAT and pay taxes on May 28 for the tax period ended on March 31.

The current 24-hour restrictions on the movement of individuals and vehicles implemented in certain areas of the UAE coincided with deadlines for filing VAT returns, Thus the FTA issued a directive on an "exceptional basis" providing an alternative date of May 28 for submitting VAT returns and the payment of due tax for the tax period ended March 31, 2020.

 

As per the new directive, VAT registrants who have monthly tax periods must submit their returns, and settle the payable tax for the tax period from March 1 to 31, 2020, no later than May 28, the FTA said in a statement.

 

VAT registrants having quarterly tax periods must submit their returns and settle the payable tax for the tax period from January 1 to March 31, 2020, by May 28.

04/22/2020

Insights