What is VAT? A value-added tax (VAT) is a consumption tax levied on a product whenever value is added at any stage of the supply chain, from production to the point of sale. The amount of VAT paid by the …
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Starting a business and running it for a long time is extremely difficult and stressful in today’s competitive world. The professional bookkeeping services, however, make it easy for a businessman to concentrate on his business without being burdened by the …
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Oman VAT would be implemented from 16th of April 2021 and the registration process will start from 1st of February 2021. The VAT Registration process has been scheduled in four phases starting from 01-02-2021 and completing by 28-02-2022. This would …
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