VAT’s UP
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VAT’s UP
Tax related jobs to rise in GCC
Recruitment firms are receiving enquiries for candidates with multi-skills of IT and taxation.
Most of the businesses in the UAE are either preparing or are on the verge of starting to transform their work set up, particularly the IT and taxation segments, as the country gears up for the unified tax regime on January 1.
Consequently, recruitment firms are receiving many enquiries for candidates with multi-skills of IT and taxation combined as the know-how of deploying new software compliant to new accounting standards will be inevitable.
A major part of being VAT-complaint revolves around updating finance and taxation modules of the organisations’ enterprise resource planning (ERP) systems. To this effect, there is bound to be a demand for job profiles that can help customise and make existing ERP systems VAT-compliant.