Voluntary Disclosure

VAT Voluntary Disclosure Submission in UAE
In the UAE, the introduction of Value Added Tax (VAT) has added responsibilities for businesses and individuals, including accurate VAT return filing. Errors or omissions can occur due to the complex nature of transactions and tax regulations. To address such issues, the Federal Tax Authority (FTA) offers VAT Voluntary Disclosure. This mechanism allows taxpayers to notify the FTA of errors or omissions in a tax return, assessment, or refund application. It can also correct errors identified by the FTA during audits or refund applications. Voluntary disclosure can result from health checks, transaction reviews, past return reviews, or FTA instructions.

Ensuring Compliance
Process of VAT Voluntary Disclosure
Taxpayers must first identify any errors or omissions in their tax-related documents.
Using the form provided by the FTA, taxpayers prepare their Voluntary Disclosure submission. This includes details of the error or omission, the tax period in question, and the corrective action taken.
The completed Voluntary Disclosure submission is then sent to the FTA for review and processing.
The FTA assesses the submission and may request additional information or clarification if necessary.
Once approved, the taxpayer makes the necessary corrections and ensures full compliance with tax regulations.