Revision of Filed VAT Returns (Voluntary Disclosure) – Form 211

The Federal Tax Authority (FTA) has introduced the ‘Voluntary Disclosure Form’ VAT 211 Form in the VAT Portal. This will help the taxpayers to rectify the errors/omissions they had committed while filing VAT Return Form 201 for any of the previous periods. In this article, let us understand what is Voluntary Disclosure Form VAT 211 and the situations in which the form should be used.

 

In case of errors or omissions which has resulted in the calculation of tax payable being less than the required and the differential amount is more than AED 10,000, you need to make a Voluntary Disclosure to the FTA within 20 business days from the date when the Taxable Person became aware of the error.

 

As mentioned above, the Voluntary Disclosure is required only if the payable tax (Differential amount) is higher than AED 10,000. In all other cases where the differential amount payable is less than AED 10,000, you need to correct the error in the tax return for the tax period in which the error has been discovered.