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Financial bookkeeping is the business’s key to success. Receipts, especially those for purchases above $80, should be kept for tax purposes. Supporting receipts for business expenditures will help you claim those tax amount write-offs. You should not have to pay for anything that could have been reimbursed if you kept track of your costs. Ensure […]

Simple Secrets to that Help Your Business Valuation

Whether you’re planning to sell your business or looking to raise financing, you’ll want to know what it’s worth. But the process of valuing a company is complicated and often misunderstood. What do you include in your valuation? Is there any way to make sure that the price is fair? Should you do the calculations […]

7 Helpful Tips For Doing VAT Services

The most essential 7 helpful tips for doing vat services, Value-added tax (VAT) is a consumption tax that is added to the price of goods and services. It is a tax that is paid by the end consumer, but it is collected and remitted to the government by businesses. VAT is a common form of […]

10 Situations When You’ll Need to Know About Accounting Services

Here we discuss 10 Important Situations About Accounting Services, If you’re a small business owner, then chances are you have to wear a lot of hats. This can be overwhelming, especially when you consider all the things that go into running your business and all the things that need to get done for it to […]

10 Fundamentals About Company Formation You Didn’t Learn in School

10 Fundamentals About Company Formation You Didn’t Learn in School,  Many people dream of starting their own business, but few know what it takes to get there. When you consider all the legal and financial considerations that go into creating a company, the process can seem downright overwhelming. Fortunately for would-be entrepreneurs, there are many […]

Who Benefits From VAT and Who Doesn’t?

Each business in the UAE must record all their monetary transactions to make sure that all their financial records are appropriate and updated. Businesses that cater to the minimum annual turnover needs should register for VAT. As it is known, the UAE has strict VAT regulations that need to be followed by all businesses. On […]

What Is The Difference Between Sales Tax and VAT?

If you are in the UAE, you must be well aware of the VAT regulations and rules there. As VAT is implemented in collaboration with other GCC countries, UAE should also follow the rule of being one of the parts of the GCC. However, although accounting service include several services, there are many people who […]

What is VAT refund in UAE?

To begin with today’s guide, all businesses that are registered need to file a VAT return in the UAE. Here in, they need to include the details of the company sales, purchases output VAT, and input VAT paid throughout the tax period. Under this concept, the output VAT is the fund that is collected on […]

Working from home can be a tax deduction

As a salaried employee, you may be startled to hear that some job-related costs are eligible for deductions, but only for tax years beginning before 2018. Unreimbursed employee costs are no longer deductible for tax purposes commencing with the 2018 tax year. Employees who work from home are becoming a larger and larger proportion of […]

Acknowledge the advantages of accounting and bookkeeping

Accounting firms are expected to be worth $11.8 billion by 2026, according to industry analysts. It’s not only large corporations that see accountant Dubai as critical to the success of their businesses. These figures may take you by surprise, but you can’t argue with their honesty. The main reason for this astounding statistic is that […]

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