How are businesses coping with the new tax regime?
The GCC has entered the new VAT era – and organizations across the United Arab Emirates and the Kingdom of Saudi Arabia have filed their first VAT returns. This year marks the first time that many local professionals and business owners have operated in a tax environment.
How have these organizations adapted to meet their new VAT compliance obligations? Did they have the in-house expertise to prepare their returns? How has the new tax regime promoted a change in processes and systems?
We surveyed the local business community to bring you answers, to provide you with further insight on the market reaction to VAT.
Read the exclusive Thomson Reuters and ACCA VAT return filing and compliance survey 2018 report here and download the infographic for an overview of the findings.
