• My Profile
  • Saved articles
  • Newsletters
  • Sign out
Sign in
  • Register
  • Sign in

News
UAE
Gulf
MENA
US
UK
Europe
Asia
Business
Aviation
Economy
Energy
Money
Property
Banking
Markets
Opinion
Comment
Editorial
Obituaries
Cartoon
Feedback
Future
Science
Space
Technology
Climate
Environment
Road to Net Zero
Health
Culture
Art & Design
Books
Film & TV
Music & On-stage
Pop Culture
Lifestyle
Travel
Fashion & Beauty
Food
Motoring
Luxury
Home & Garden
Wellbeing
Things to do
Sport
Football
Cricket
F1
Tennis
Combat Sports
Cycling
TN Magazine
Special reports
Weekend

Podcasts Newsletters Follow us App Video
TN MagazineSpecial reportsWeekend
News
UAE
Gulf
MENA
US
UK
Europe
Asia
Business
Aviation
Economy
Energy
Money
Property
Banking
Markets
Opinion
Comment
Editorial
Obituaries
Cartoon
Feedback
Future
Science
Space
Technology
Climate
Environment
Road to Net Zero
Health
Culture
Art & Design
Books
Film & TV
Music & On-stage
Pop Culture
Lifestyle
Travel
Fashion & Beauty
Food
Motoring
Luxury
Home & Garden
Wellbeing
Things to do
Sport
Football
Cricket
F1
Tennis
Combat Sports
Cycling
News
UAE
Gulf
MENA
US
UK
Europe
Asia
Business
Aviation
Economy
Energy
Money
Property
Banking
Markets
Opinion
Comment
Editorial
Obituaries
Cartoon
Feedback
Future
Science
Space
Technology
Climate
Environment
Road to Net Zero
Health
Culture
Art & Design
Books
Film & TV
Music & On-stage
Pop Culture
Lifestyle
Travel
Fashion & Beauty
Food
Motoring
Luxury
Home & Garden
Wellbeing
Things to do
Sport
Football
Cricket
F1
Tennis
Combat Sports
Cycling

David Daly

David Daly is a partner at the Gulf Tax Accounting Group in the UAE

Articles

Before June 2023, there were five options available for selecting a fiscal year. However, a Cabinet decision made a significant change to this system. Pawan Singh / The National
UAE corporate tax: Why it is key to identify the right fiscal year for your business

It is important to carefully consider your reporting period selection to ensure compliance with tax regulations

EconomyAugust 06, 2024
There is additional work required in the preparation of accounts for end of fiscal year. Silvia Razgova / The National
UAE corporate tax: Good service can pay off handsomely

Attention to detail is paramount since slight variations can change the way tax is calculated

EconomyJuly 23, 2024
Effective tax planning involves anticipating and adapting to the changing tax environment to maximise future financial outcome. Alamy
Tax is just another patriotic duty as 'your country needs you'

Corporate tax is the way of asking people and companies to carry some burden of the costs needed to run a country

BusinessJuly 10, 2024
The Abu Dhabi skyline. It has now been a year since the UAE introduced corporate tax. Khushnum Bhandari / The National
UAE corporate tax: How service providers can be a critical support

It would be a kindness if outsourced accounting firms pressed to ensure that you were aware of the deadlines for tax registration

BusinessJune 24, 2024
Given the significant role of real estate in the economy, Reits face additional compliance requirements. Pawan Singh / The National
UAE corporate tax: Are investment and real estate funds exempt?

If an investment vehicle is found to be used solely for tax avoidance, its exemption may be revoked

BusinessJune 11, 2024
It will be your decision to opt in or out of tax. Be certain of what ground you’re standing on. Silvia Razgova / The National
UAE corporate tax: Recent updates for SMEs and free zones explained

Forum for taxpayers would provide feedback and clarification for company owners

BusinessMay 28, 2024
The fact that you have no tax liability does not exempt you from reporting requirements. Pawan Singh / The National
UAE corporate tax: How to report non-deductible expenses?

Freezone entities that choose not to pay corporate tax are still obligated to submit audited accounts

EconomyMay 14, 2024
Can AI replace your tax specialist? Probably not

Software solutions sometimes 'make stuff up' to fill the gaps in their knowledge

EconomyApril 29, 2024
In the past fortnight, there have been four significant developments in the UAE corporate tax landscape. Pawan Singh / The National
UAE corporate tax: Explore the four most recent major updates

With UAE Pass now integral to tax portal access, businesses must ensure they understand the requirements

EconomyApril 15, 2024
There are specific rules for creating a corporate tax group and the Federal Tax Authority is the final arbitrator on whether you may do so. Silvia Razgova / The National
UAE corporate tax: Pros and cons of grouping companies

A decision to join two or more entities together should not be made lightly

EconomyApril 01, 2024
UAE corporate tax: Regulations on trade to consider

It’s crucial to define the parameters of shipping, even though it is exempt from corporate taxes

EconomyMarch 18, 2024
Failing to initiate the registration of your business for corporate tax on time will bring a Dh10,000 penalty. Silvia Razgova / The National
UAE corporate tax: What’s missing and why it matters

Companies risk incurring a Dh10,000 penalty if they fail to register on time

CommentMarch 04, 2024
The UAE is learning details of the latest version of the country's pensions sector, whose launch is imminent. The National Staff
UAE's gratuity system has corporate tax implications

The time to review how corporate tax effects different elements of your financial accounts is fading quickly

CommentFebruary 19, 2024
Business owners in the UAE must ensure adherence to corporate tax guidelines, including claims for cars and phones. Silvia Razgova / The National
Freelancers need to focus on details to stay aligned with UAE corporate tax

There is a need to understand what can be expensed amid a potential divergence between corporate tax and VAT

CommentFebruary 05, 2024
Like VAT, the correct supporting documentation is required for any corporate tax deduction against taxable income. Silvia Razgova / The National
UAE corporate tax: Personal versus business assets

Make sure you have the correct documentation to avoid making a costly mistake

CommentJanuary 22, 2024
More Articles

IPSO regulated

News
UAE
Gulf
MENA
US
UK
Europe
Asia
Business
Aviation
Economy
Energy
Money
Property
Banking
Markets
Opinion
Comment
Editorial
Obituaries
Cartoon
Feedback
Future
Science
Space
Technology
Climate
Environment
Road to Net Zero
Health
Culture
Art & Design
Books
Film & TV
Music & On-stage
Pop Culture
Lifestyle
Travel
Fashion & Beauty
Food
Motoring
Luxury
Home & Garden
Wellbeing
Things to do
Sport
Football
Cricket
Olympics
F1
Tennis
Combat Sports
Cycling
Weekend
Living in the UAE
TN Magazine
Podcasts Newsletters Read E-Paper Print Subscriptions Video App
About UsContact UsWork With UsAdvertise With UsTerms & ConditionsPrivacy PolicyCookie PolicySitemapArchiveRegistration FAQsRosalynn Carter Fellowship
IPSO regulated
Follow us
Get news alerts from
The National logo
You can manage notifications at any time by clicking the notifications icon.