What goes into each box – United Arab Emirates Report
The United Arab Emirates VAT report currently requires reporting of supplies by Emirate. You must select the place of supply where the goods are delivered or the services are provided on the Emirate column on supported sales transaction records. If you fail to specify the values in these fields, then the sales transactions will not be included in the United Arab Emirates VAT report.
Nondeductible tax codes created by checking the 100% Non-deductible box on the Tax Code page is not supported. If you want to create nondeductible tax codes that will work with International Tax Reports SuiteApp, see Setting Up Nondeductible Input Tax.
The following table shows how NetSuite uses the tax codes to get the values for the United Arab Emirates VAT Report.
|
VAT on Sales and All Other Outputs |
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|---|---|---|---|---|
|
Box Number |
Description |
Tax Code |
Adjustment (AED) |
|
|
Amount (AED) |
VAT Amount (AED) |
|||
|
1a |
Standard rated supplies in Abu Dhabi |
Net amount of all sales S for Abu Dhabi |
VAT amount of all sales S for Abu Dhabi |
User Input |
|
1b |
Standard rated supplies in Dubai |
Net amount of all sales S for Dubai |
VAT amount of all sales S for Dubai |
User input |
|
1c |
Standard rated supplies in Sharjah |
Net amount of all sales S for Sharjah |
VAT amount of all sales S for Sharjah |
User input |
|
1d |
Standard rated supplies in Ajmah |
Net amount of all sales S for Ajmah |
VAT amount of all sales S for Ajmah |
User input |
|
1e |
Standard rated supplies in Umm Al Quwain |
Net amount of all sales S for Umm Al Quwain |
VAT amount of all sales S for Umm Al Quwain |
User input |
|
1f |
Standard rated supplies in Ras Al Khaimah |
Net amount of all sales S for Ras Al Khaimah |
VAT amount of all sales S for Al Khaimah |
User input |
|
1g |
Standard rated supplies in Fujairah |
Net amount of all sales S for Fujarah |
VAT amount of all sales S for Fujarah |
User input |
|
2 |
Tax Refunds provided to Tourists under the Tax Refunds for Tourists Scheme |
User input |
User input |
|
|
3 |
Supplies subject to the reverse charge provisions |
Net amount of all purchases RCP for all Emirates |
Notional tax amount of all purchases RCP for all Emirates |
|
|
4 |
Zero rated supplies |
Net amount of all sales EX |
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|
5 |
Exempt supplies |
Net amount of all sales X |
||
|
6 |
Goods imported into the UAE |
Net amount of IMG, IMZ, and IMS for all Emirates |
VAT amount of purchase IMG and notional tax amounts IMZ and IMS for all Emirates |
|
|
7 |
Adjustments to goods imported into the UAE |
User input |
User input |
|
|
8 |
Totals |
Box 1a +1b +1c +1d +1e +1f +1g +2 +3 +4 +5 +6 +7 |
A1 =Box 1a +1b +1c +1d +1e +1f +1g +2 +3 +6 +7 |
A2 =Box 1a +1b +1c +1d +1e +1f +1g |
|
VAT on Expenses and All Other Inputs |
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|---|---|---|---|---|
|
Box Number |
Description |
Tax Code |
Adjustment (AED) |
|
|
Amount (AED) |
Recoverable VAT Amount (AED) |
|||
|
9 |
Standard rated expenses |
Net amount of all purchases S for all Emirates |
VAT amount of all purchases S for all Emirates |
User input |
|
10 |
Supplies subject to the reverse charge provisions |
Net amount of all purchases RCP, IMZ, and IMS for all Emirates |
Notional tax amounts of all purchases RCP, IMZ, and IMS for all Emirates |
|
|
11 |
Totals |
Box 9 +10 |
A3 =Box 9 +10 |
A4 =Box 9 |
|
Net VAT Due |
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|---|---|---|
|
Box Number |
Description |
Amount (AED) |
|
12 |
Total value of due tax for the period |
A5 =A1+A2 |
|
13 |
Total value of recoverable tax for the period |
A6 =A3+A4 |
|
14 |
Payable tax for the period |
A7 =A5-A6 |
|
15 |
Do you wish to request a refund for the above amount of excess recoverable tax? |
Value: Y/N |
|
Additional Reporting Requirements |
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|---|---|---|
|
Field |
Description |
Value |
|
Profit Margin Scheme |
Did you apply the profit margin scheme in respect of any supplies made during the tax period? |
Y/N |