Shuraa Tax's listings

"Understanding how a business spends its money is crucial for long-term success. Among the most critical financial classifications are capital expenses and revenue expenses—two terms that often confuse even seasoned professionals. While both are essential to running and growing a business, they serve distinct purposes and have different impacts on financial ...

If you run a business in the UAE, you’re probably already familiar with VAT (Value Added Tax). Introduced in 2018, VAT is a 5% tax applied to most goods and services in the country. It’s managed by the Federal Tax Authority (FTA), and staying compliant is a must for all registered businesses. But what happens if the FTA makes a decision you don’t agree with ...