UAE's FTA Extends Deadline For VAT Filings, Payments

The UAE’s Federal Tax Authority (FTA) has given an alternative date – ‘on an exceptional basis’ – of May 28 for businesses to file their VAT returns and pay any due tax in light of restrictions imposed to combat the spread of Covi-19, authorities have announced.

The move is valid for the tax period beginning on March 1 and ending March 31.

In a statement, the FTA said that VAT registrants who have monthly tax periods must submit their returns and settle their payable tax no later than Thursday, May 28.

VAT registrants with quarterly tax periods must still submit their returns and settle payable taxes for the period from January 1 to March 31 on the same date.

No other tax periods are affected by the measure, the FTA statement said.

The FTA is urging registrants to ensure that the data they include in VAT returns is accurate.

All FTA services can be accessed remotely.

For all the latest banking and finance news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
RECENT NEWS

Saudi SME Bank Signs $801m Agreements To Expand Development Finance And Boost SME Growth

Saudi SME Bank signed $801m in agreements at MOMENTUM 2025 to expand development finance and strengthen SME funding Th... Read more

Crypto In The Spotlight As ADGM Reveals Next Wave Of Digital Asset Rules

FSRA’s latest regulatory enhancements target stronger supervision while supporting innovation across the region’s d... Read more

UAE Announces Two Tiers Of Sugar Tax Starting The New Year

Ministry of Finance announces tiered taxes ranging AED0.79-AED1.09 per litre on drinks that have more than 5 grams of s... Read more

Solmates Santori Says The UAE Is The Place To Build A “new Wall Street”

The Abu Dhabi-based company’s CEO says strategic location, proximity to capital ,and business-friendly environment ar... Read more

UAE, Saudi Arabia, Qatar, Kuwait And Bahrain Cut Key Interest Rates By 25bps Following US Fed Move

GCC central banks, including the UAE, Saudi Arabia, Qatar, Kuwait and Bahrain, cut key interest rates by 25bps after US... Read more

EDB Sets Up Abu Dhabi Office To Link Gulf Capital With Central Asian Projects

New ADGM platform will channel investment into infrastructure, sustainability and Islamic finance opportunities across ... Read more