TALLY Solutions, a leading international accounting and compliance software provider has introduced an Infographic to guide freelancers in the UAE comply with Value-Added Tax (VAT) regulations seamlessly.
Set out in four steps, the Infographic features information on ‘Who is liable to register for VAT ’, ‘VAT registration processes’, ‘Things to keep in mind for VAT compliance’ and ‘Benefits of an automated system’.
Tally Solutions has featured the said its Infographic will be featured on its website digital, social and other media channels with an aim and is aimed at to guide introducing freelancers to the new tax returns system, which went live earlier this year in January.
“Freelancers and self-employed individuals, who might otherwise be savvy about financial matters could face some challenges often, make mistakeswhen it comes to filing their taxes. This is because, tThere are literally hundreds of pages of tax code, confounding even the most astute accountants. As such, the decision to introduce this Infographic was to help freelancers wade through the complexities of regulations, by highlighting the key considerations required by the Federal Tax Authority (FTA),” said Vikas Panchal, Business Head at Tally Solutions in the Middle East.
Tally’s illustrated guide to VAT distills essential information into small, easy-to-follow steps perfect to help freelancers get their finances in order.
Full of colorful descriptions, the The Infographic is developed in an easy and simple to read format and is available on the company’s their website which can be accessed here - https://tallysolutions.com/mena/freelancer-vat-guide-uae/ and social media platforms.
Tally Solutions, is a leading international accounting and compliance software provider which has recently introduced Value Added Tax (VAT) software — Tally.ERP 9 Release 6 to help businesses comply with VAT protocol and procedures. Trusted by more than 1.2 million businesses globally, Tally Solutions already includes a list of 540,000 satisfied clients across GCC. — SG
