Federal Tax Authority
The VAT return that builds itself.
Every posted sale and expense carries its tax line. The VAT 201 is a working sheet read from those lines, not a reconstruction from the till report and the drawer.
- Sales, per receipt
- Expenses, per invoice
- Tax lines5%, by emirate, with TRN
- VAT 201Box 1 by emirate
Box 3 reverse charge
Box 9 input tax with evidence
How the return is built
Each box on the VAT 201 is a filter over posted lines: standard-rated sales by emirate, zero-rated, exempt, imports under reverse charge, and the input tax on expenses that carried a valid tax invoice. Otto shows the lines behind every box, so the number can be defended.
How the quarter is built
Sales post with tax
The till file's tax column, or 5% of the standard-rated total, per receipt.
Expenses post with tax
The invoice photo gives the supplier's TRN and the tax amount, per line.
The quarter's sheet
Open Reports, Tax. Every box is filled and clickable.
File it
Type the boxes into the FTA portal. Close the period so the numbers cannot move.
Box 1 by emirate
Each branch sits in an emirate; the split is automatic.
Reverse charge
Imported services post their own output and input lines.
Input tax with evidence
Only expenses with a captured tax invoice count.
Corporate tax sheet
Starts from accounting profit on the P&L, lists the adjustments.
Locked periods
A filed quarter cannot be edited; corrections post forward.
Exports
The sheet and the lines behind it, as XLSX, for your tax agent.
The rule
The FTA expects returns from posted records, and asks for the lines behind a box when it audits. Otto keeps them attached.
Documents
- VAT 201 working sheet
- Corporate tax working sheet
- Tax invoice register
- Input tax register
Is the VAT 201 filed for us?
No. Otto builds the working sheet box by box; you file it in the FTA portal from those numbers.
Box 1 by emirate?
Each branch sits in an emirate, so box 1 splits itself.
Corporate tax?
A working sheet starting from accounting profit, with the adjustments listed. Your tax agent files.
UAE e-invoicing?
When the FTA's programme goes live for restaurants, Otto will add it as a module. It is not built today.