- The UAE FTA issued five new July 2026 VAT directives, creating binding guidance for both the FTA and taxpayers until replaced or overridden by law.
- Directive 1: Judicial expert services appointed by courts are taxable supplies in the UAE, and related payments count as consideration; VAT registration may be required.
- Directive 2: When a member leaves a VAT Tax Group, it must make later VAT return adjustments for supplies made and input tax recovered before exit that were already included in the group returns.
- Directive 3: For digital currency transactions, VAT values in AED must be converted using the average rate from three selected approved exchange platforms, chosen consistently for the year.
- Directive 4: Clarifies VAT treatment of fees and charges connected to life insurance and life reinsurance contracts.
Source: mailchi.mp
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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