What is a VAT Health Check? A “VAT health check” is an audit of a company’s VAT compliance and reporting procedures and processes. The VAT health check (VHC) aims to find areas where the business could do better and ensure it follows all the right VAT rules, regulations, and procedures. It […]
There have been some changes to specific provisions of the UAE Value Added Tax (VAT) regime announced by the UAE Ministry of Finance. The Federal Decree-Law No. 18 of 2022 introduces 24 changes. VAT is a type of indirect tax based on general consumption. Most countries impose VAT on […]
The role of bookkeeping is equally important as running a business on a day-to-day basis. Perhaps, even more of a crucial role especially for startups that are still under a controlled and limited budget to work on. Not all entrepreneurs realise that organised financial records are an indispensable aspect of business that […]