An annual audit is one of the most significant responsibilities of for-profit organisations, as they have to show their operational transparency to the authorities and pay tax accordingly. On the … Read More
Running a successful business is a tough job, and people believe that only large-scale businesses face these problems. It is not true because small businesses suffer equally and face the … Read More
Businesses need to manage their tax-related issues effectively. A small prick can cause considerable damage to the VAT position of the company. Of all the aspects of tax, VAT is … Read More
Managing costs is a constant struggle for every business, big or small. All of those can be troublesome for your team because each requires effort and demands accuracy. Some of … Read More
Rapid technological advancement has a grave impact on every walk of life. The pervasive nature of technology has changed everything, including business accounting for good. It is evident from the … Read More
UAE and the Gulf region have long enjoyed zero taxes, but it changed after 2018. Value Added Tax (VAT) was implemented in UAE from January 1, 2018, at a rate … Read More
In the draft form 1040 issued by the IRS, the first question on Section 1 asks: “At any time during 2019, did you receive, sell, send, exchange, or otherwise acquire … Read More
Value-added taxes (VATs) are mandatory to pay for businesses in various parts of the world. It is the single biggest source of revenue for a government. Around 180 countries in … Read More
