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06 Jul, 2026
General Tax Authority Announces the Implementation of the Excise Tax Mechanism on Sweetened Drinks
The General Tax Authority (GTA) has announced the implementation of a new Excise Tax mechanism on Sweetened Drinks, effective 6 July 2026, based on a Tiered Volumetric Model under which the applicable tax is calculated according to the amount of sugar or added sweeteners contained in taxable beverages and products.Read More...
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01 Jul, 2026
Federal Tax Authority Issues 2025 Annual Report AED 46 Billion in VAT and Excise Tax Revenues Collected Tax Registration Transactions Increase to 1.7 Million
"The Federal Tax Authority (FTA) has reported significant growth in its operations during 2025, driven by a substantial increase in Corporate Tax registrations, alongside continued growth in Value Added Tax (VAT) and Excise Tax registrations and the expansion of its services. This was reflected in the increased volume of transactions completed across......
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25 Jun, 2026
ZATCA Urges Establishments to Submit VAT Returns for May 2026
"The Zakat, Tax and Customs Authority (ZATCA) urged business sector establishments subject to VAT, with goods and service revenues exceeding SAR 40 million to file their tax returns for May 2026. The deadline for submission is no later than June 30, 2026.ZATCA has called on establishments to file their tax returns immediately......
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