VAT Centric - Gcc

07/03/2025

VAT Warning for Airbnb Hosts in Dubai! Avoid AED 10,000+ Fines! 🚨
📢 Airbnb hosts & holiday home owners in Dubai – Are you VAT compliant? If your rental income exceeds AED 375,000 per year, you MUST register for VAT or risk hefty fines from the FTA! 🚨

💡 Don’t fall for these common VAT myths!
❌ “Airbnb handles VAT for me” → Wrong! You must register & file VAT.
❌ “My property is residential, so VAT doesn’t apply” → Short-term lets ARE taxable!
❌ “I rent occasionally, so I don’t need to register” → If you earn AED 375,000+, VAT is mandatory!

💰 It’s not just rent! VAT also applies to:
✔ Cleaning fees 🧹
✔ Late check-out charges ⏳
✔ Extra beds or amenities 🛏️
✔ Airport pickups 🚖

🚨 Failing to comply? Here’s what it’ll cost you:
❌ Not registering = AED 10,000 fine
❌ Late VAT returns = AED 1,000+ penalties
❌ Incorrect VAT payments = Even more fines!

✅ Stay compliant & protect your rental income! At VATcentric, we help with:
✔ VAT Registration 📋
✔ VAT Return Filing 📊
✔ VAT Audit Support 🏛️
✔ Tax Planning for Airbnb Hosts 💰

📩 DM us now to avoid penalties & stay VAT compliant! 🚀

💰
🚀
🏛️
📊
🏢
👨‍💼👩‍💼
📑
📈
🌍
💼
✅

07/03/2025

📍 Residency vs. Tax Residency – Know the Difference!

✅ UAE Residency: Stay 90+ days in the UAE, and you qualify.
❌ UAE Tax Residency: You usually need 183+ days to be considered a UAE tax resident.
⚖ Don’t Fall for the Double Tax Treaty Trap!
A DTT alone won’t determine your tax status—you need clear, documented proof of where you are a tax resident.
🇬🇧 Breaking UK Tax Residency? Not So Easy!
The UK Statutory Residence Test (SRT) checks:
🔹How many days you spend in the UK
🔹If you have a UK home, family, or work ties
🔹Whether you qualify as a tax resident elsewhere
🚨 More UK ties = Higher risk of UK tax residency!
🌍 Want to avoid UK taxes? You must prove tax residency elsewhere!
A visa, tax certificate, or permanent home in another country will help.
📌 Bottom Line:Track your days, manage your ties, and make sure your tax residency is bulletproof!
📞 Get in touch with VATCentric for expert tax advice!

07/03/2025

Big changes are coming for UK non-domiciled taxpayers! 🇬🇧📢 From April 2025, the remittance basis is being scrapped, impacting thousands of expats and investors. In this video, we break down what these tax reforms mean, who will be affected, and how you can prepare.
🔹 What’s changing for non-doms in 2025?
🔹 How will the new tax rules impact you?
🔹 Key steps to take before the deadline
🔹 Expert insights on tax planning strategies
If you're a non-dom living in the UK or have global assets, this is must-know information! Subscribe for more tax updates and expert advice.
🇦🇪

07/03/2025

Corporation tax for freezone companies in the UAE. Not all income is exempt and you should register in time to avoid penalties. contact VAT-centric for free consultation
www.vat-centric.com

27/03/2024

Key UAE tax change 💸- 9% Corporate Income Tax incoming🗓️ -

A 9% federal Corporate Income Tax has been announced by the Ministry of Finance, applicable from 1st June 2023. The tax rate is 0% for profits below AED 375,000 BUT 9% above this threshold.

09/10/2022

Free Coffee and Consultation☕️ for UAE businesses - VAT and Accounting. -

Expert advice from Big4 trained consultants. Click below to set up an appointment online and let's talk Accounting and Tax. "Because VAT's the way we like it."

06/09/2022

Missing home? Dont miss your tax returns either!

🇬🇧 🇦🇪 ❤️ #دبي #اكسبلور #ابوظبي #لندن