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He Federal Tax Authority (FTA) has launched a new application that makes claiming your VAT refund much easier. Tourists no longer have to keep all their printed purchase receipts for a refund, as everything is done digitally.
The new application – Tourist Reimbursement – was launched at the ongoing Gitex Global exhibition in Dubai.
“Tourists can download the application through the service provider company FTA Planet. When a tourist buys any item from the UAE store, the merchant scans the invoice and it will be recorded in the app. “The newly launched app will have information about every transaction you purchased, as well as the amount of VAT you can reclaim when leaving the country.”
saying Zahra Al Dahmani, Director of the FTA Taxpayer Services Department.
“Upon leaving the UAE, the tourist will go to designated locations at the airport and show invoices on the app to claim their refund, either in cash or via credit card transfer. This new application will avoid the hassle of having to queue because it is completely automated.”
Al-Dahmani he said on the sidelines gitex world, The largest technology exhibition in the world.
Dubai welcomed 8.55 million international visitors with a growth of 20 percent in the first half of 2023, compared to the same period last year, surpassing the number recorded before Covid-19, when the city received 8.36 million international visitors in the first half of 2019. according to Dubai figures Department of Economy and Tourism.
He Tourist Reimbursement It is currently on the Android platform and will be available for Apple devices later this year.
The United Arab Emirates implemented a five percent value-added tax (VAT) in 2018 on consumer goods. However, tourists can claim a refund when leaving the country through ports, land borders and airports.
The authority also shows its new application in Emaratax platform.
“This application has all the services that are provided to different taxpayers, taxpayers, tax agents and residents of the UAE who are entitled to receive a refund from the FTA in respect of the construction of their home. People can access it through the UAE Pass.”
saying Al Dahmani.
The new application – maskani – expedited the refund and reduced the time for a refund from 20 business days to just five.
Al-Dahmani He urged companies to start registering for corporate tax, which was implemented in June 2023.
“They should do it on time because the FTA also requires time to review the applications.”
she added.
News Source: Khaleej Times
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