Introduction
This article intends to consider the application of vouchers across different industries in the UAE, and the high-level VAT implications as per the UAE VAT legislation. The use of vouchers is now widespread within the UAE, with new applications arising as practices continue to develop. We have provided examples of real-life scenarios (traditional and novel) and explored the challenges taxpayers face. In line with this summary, businesses should reflect on their voucher practices and ensure compliance with the UAE VAT regime.
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Vouchers: A Catalyst for Business Growth across Industries
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UAE VAT legislation on Vouchers: A high-level look
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Challenges for Taxpayers
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Other jurisdictions
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Conclusion
Source: PwC
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