Eligible taxpayers can apply to have their penalties re-determined to be worth 30 per cent of the total outstanding amount. Silvia Razgova / The National
Eligible taxpayers can apply to have their penalties re-determined to be worth 30 per cent of the total outstanding amount. Silvia Razgova / The National
Eligible taxpayers can apply to have their penalties re-determined to be worth 30 per cent of the total outstanding amount. Silvia Razgova / The National
Eligible taxpayers can apply to have their penalties re-determined to be worth 30 per cent of the total outstanding amount. Silvia Razgova / The National

FTA sets deadline to apply for re-determination of administrative penalties on taxes


Deena Kamel
  • English
  • Arabic

The UAE's Federal Tax Authority (FTA) urged eligible registered taxpayers to apply for the re-determination of administrative penalties on taxes prior to the December 31 deadline.

Eligible taxpayers can apply to have their penalties re-determined to be worth 30 per cent of the total outstanding amount of penalties that were not paid before June 28, 2021, the FTA said in a statement on Sunday.

These taxpayers must ensure they meet the conditions set out in the UAE Cabinet's decision on re-determining administrative penalties imposed on tax law violations in the UAE, the authority said.

They must also complete all related procedures through the e-services portal on the FTA's official website before December 31 to be able to benefit from these facilities.

“According to the relevant Cabinet decision, which went into effect on January 1, 2022, tax registrants who were unable to meet the criteria for benefiting from the re-determination by December 21, 2021 will be able to apply for re-determining administrative penalties to be equal to 30 per cent of the total outstanding fines by fulfilling the necessary conditions no later than December 31, 2022,” the FTA said.

Set up in 2016 to help the UAE diversify the national economy and increase non-oil revenue through the management and collection of federal taxes, the FTA has consistently improved its services to streamline the taxation process.

In October, the FTA said it plans to launch a new integrated platform this year to further digitalise tax administration as part of the national digital agenda.

In September, the UAE also introduced a paperless tax refund system for tourists visiting the country, doing away with the need to retain receipts.

In terms of the December deadline, the authority clarified that the decision outlined three conditions that need to be met to benefit from the re-determination of administrative penalties imposed before June 28, 2021.

First, the administrative penalty must be imposed under Cabinet decision No. (40) of 2017 before June 28, 2021, and remain outstanding.

Second, the tax registrant needs to have settled all due payable tax by December 31, 2021.

Finally, the tax registrant must have paid 30 per cent of the total unsettled administrative penalties due until June 28, 2021 no later than December 31.

The authority said that if the registrant meets all conditions, the new value of the penalties will be equal to 30 per cent of the total unpaid penalties, which will appear on the registrant’s account in the FTA’s e-services system after December 31.

Taxpayers must pay their due payable tax before the due date to avoid any late payment penalties, it added.

The authority noted that bank transfers can take up to three working days to process the payment, which applicants must take into consideration to ensure that FTA receives the payment before the due date.

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1,942 teams

116 pitches

76 nations

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15 Lebanese teams

2 Kuwaiti teams

Grand slam winners since July 2003

Who has won major titles since Wimbledon 2003 when Roger Federer won his first grand slam

Roger Federer 19 (8 Wimbledon, 5 Australian Open, 5 US Open, 1 French Open)

Rafael Nadal 16 (10 French Open, 3 US Open, 2 Wimbledon, 1 Australian Open)

Novak Djokovic 12 (6 Australian Open, 3 Wimbledon, 2 US Open, 1 French Open)

Andy Murray 3 (2 Wimbledon, 1 US Open)

Stan Wawrinka 3 (1 Australian Open, 1 French Open, 1 US Open)

Andy Roddick 1 (1 US Open) 

Gaston Gaudio 1 (1 French Open)

Marat Safin 1 (1 Australian Open)

Juan Martin del Potro 1 (1 US Open)

Marin Cilic 1 (1 US Open)

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1. Bantamweight: Victor Nunes (BRA) v Siyovush Gulmamadov (TJK)

2. Featherweight: Hussein Salim (IRQ) v Shakhriyor Juraev (UZB)

3. Catchweight 80kg: Rashed Dawood (UAE) v Khamza Yamadaev (RUS)

4. Lightweight: Ho Taek-oh (KOR) v Ronald Girones (CUB)

5. Lightweight: Arthur Zaynukov (RUS) v Damien Lapilus (FRA)

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8. Flyweight: Shannon Ross (TUR) v Donovon Freelow (USA)

9. Lightweight: Mohammad Yahya (UAE) v Dan Collins (GBR)

10. Catchweight 73kg: Islam Mamedov (RUS) v Martun Mezhulmyan (ARM)

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12. Flyweight World title: Manon Fiorot (FRA) v Gabriela Campo (ARG)

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Engine: 1.5-litre turbo

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Torque: 230Nm

Transmission: 6-speed automatic

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Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday. 

Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow. 

She appeared with Keir Starmer on Thursday and the pair embraced, but he had failed to give her his backing as she cried a day earlier.

A spokesman said her upset demeanour was due to a personal matter.

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In the UAE’s arid climate, small shrubs, bushes and flower beds usually require about six litres of water per square metre, daily. That increases to 12 litres per square metre a day for small trees, and 300 litres for palm trees.

Horticulturists suggest the best time for watering is before 8am or after 6pm, when water won't be dried up by the sun.

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Cast: Hrithik Roshan, Tiger Shroff, Ashutosh Rana, Vaani Kapoor

Rating: Two out of five stars 

'Doctor Strange in the Multiverse Of Madness' 

   

 

Director: Sam Raimi

 

Cast: Benedict Cumberbatch, Elizabeth Olsen, Chiwetel Ejiofor, Benedict Wong, Xochitl Gomez, Michael Stuhlbarg and Rachel McAdams

 

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3. Fiscal crises

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5. Profound social instability

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1. Energy price shock

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3. Spread of infectious diseases

4. Unmanageable inflation

5. Cyber attacks

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Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

The specs
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Our legal advisor

Ahmad El Sayed is Senior Associate at Charles Russell Speechlys, a law firm headquartered in London with offices in the UK, Europe, the Middle East and Hong Kong.

Experience: Commercial litigator who has assisted clients with overseas judgments before UAE courts. His specialties are cases related to banking, real estate, shareholder disputes, company liquidations and criminal matters as well as employment related litigation. 

Education: Sagesse University, Beirut, Lebanon, in 2005.

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Updated: November 20, 2022, 10:54 AM`