Tax Period Extension for Excise Tax Registrants on a exceptional basis

Tax Period

The Federal Tax Authority (FTA) has extended the Tax Period for businesses registered for Excise Tax, which commenced on 1/3/2020 for one month on an exceptional basis, to end on 30/4/2020. The tax period shall now cover the months of March 2020 and April 2020, allowing registered businesses sufficient time to fulfill their tax obligations before the deadline. The Tax Period Extension is subject to the following obligations:

  • File two separate tax returns, one for March 2020 and one for April 2020, no later than Sunday, May 17, 2020.
  • Ensure that the FTA has received the tax payable for the tax period as reported in the March 2020 and April 2020 tax returns no later than Sunday, May 17, 2020.

The Tax Period extension has been done due to the developments and challenges resulting from the precautionary measures implemented in the UAE to limit the spread of the novel Coronavirus (COVID-19), which have restricted movement for individuals and vehicles for 24 hours a day in certain areas.

This provides much-needed relief to registrants to allow them to fulfill their obligations, file tax returns, and settle their payable taxes within the legal timeframes.

FTA Tax Period Extension

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