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FTA’s New Decision Emailer urges Tax Payers to review their Tax Payables and pay Taxes before 28 June 2021
UAE- June 27, 2021:
Federal Tax Authority (FTA) released a New Decision Emailer on 25 June 2021 informing tax payers that they can view how much of their balance is related to tax and how much is related to administrative penalties on the My Payments page, after they log into E-Services.
This is with regards to the Cabinet Decision No 49 of 2021 on the Administrative Penalties for Violation of Tax Laws in the UAE.
The link will open a window that includes the details of :
- Tax Payable
- Late Registration Penalty
- Other Penalties Payable
- Net Payable Amount
- Total Credit
Tax payers have to review their My Payments page and ensure the tax is paid before 28 June 2021 in order not to incur new administrative penalties.
FTA would also be launching a full dashboard with Tax Payable and Administrative Penalties Payable as well as outstanding balances in relation to Cabinet Decision 49 of 2021 on 28 June 2021.
Click here to view the New Decision Emailer.
Read Also : The Federal Tax Authority encourages registrants to take advantage of penalty redetermination introduced by Cabinet Decision No. 49 of 2021, effective on 28th June, 2021