Federal Tax Authority Publishes Guidelines for Correcting VAT Return Errors

The Federal Tax Authority (FTA) has published Decision No. 8 of 2024 regarding the mechanism for correcting errors or omissions in the VAT return. 

The decision provides that the following errors or omissions in the VAT return should be corrected by filing a Voluntary Disclosure even if there is no difference in the due tax: 

1. Reporting standard rated taxable supplies in relation to an Emirate in the box of another Emirate. 

2. Incorrect reporting of zero-rated taxable supplies, whether by understating or overstating. 

3. Incorrect reporting of exempt supplies, whether by understating or overstating. 

The decision became effective on 1 January 2025.