GUIDE
Tax work starts with the accounting records.
Before preparing a return, check that sales, purchases, expenses, bank transactions and tax control accounts are complete and reconciled. Incorrect classifications can flow into tax calculations and management reports.
Build a pre-filing review.
- Reconcile bank accounts
- Review revenue completeness
- Check purchase and expense coding
- Review VAT accounts and tax codes
- Review receivables/payables
- Close obvious accounting gaps
Inbooks editorial note
Written for UAE business owners and finance teams. Regulatory details can change, so confirm the current FTA or relevant authority guidance for your facts and filing period before acting.