There are many companies which are not doing their tax return file correctly and resulting paying heavy penalties from federal tax authority.
In case of wrong submission of tax return, the voluntary disclosure needs to be submitted along with the correct figure. When submitting the correct figure in voluntary disclosure all calculation needs to be done on very careful basis and BSD Prime Account & Bookkeeping Services is having dedicated specialist in this area with one hundred percent success records.
There is the fee of AED 3000 for the first-time voluntary disclosure submission and in case of repetition, this voluntary disclosure fees goes AED 5000 per submission and the BSD Prime Account & Bookkeeping Services can help with this on a very professional manner.
Once the submission of this voluntary disclosure is done correcting the wrong submission of the Tax return, the Federal Tax Authorities takes up to 3 to 6 months to accept the wrong submission of the tax return via Voluntary disclosure.
In case of insufficient information provided to correct the wrong submission of tax return via voluntary disclosure, the Federal Tax Authority will request more information either calling on the registered telephone number or via electronic mail and BSD Prime Account & Bookkeeping Services can help to prepare the wrong tax return in form of correct tax return.