iPhone | iPad
Android
Huawei
Sheikh Hamdan joined the kids as they browsed through some photos that captured how they used broomsticks and helped their community
KT APPDOWNLOAD
UAE: New payment method announced for tax liabilities
The Federal Tax Authority earlier announced that as of Sunday, October 30, the eDirham platform will no longer be accepted
File photo
The Federal Tax Authority (FTA) announced that it will be discontinuing the use of the eDirham system in paying taxes as of today, October 30, 2022, replacing it with Magnati, the smart payment option from First Abu Dhabi Bank (FAB).
Magnati provides advanced software solutions for online payments, using next-generation advanced technologies to provide a seamless and efficient payment service for FTA customers.
The FTA explained that the Magnati smart payments feature allows registrants to pay their tax obligations via FAB’s Magnati platform, in addition to enabling taxpayers to settle any payment due to the FTA using credit cards.
The Authority indicated that this step is in line with the Ministry of Finance’s decision to discontinue the use of the eDirham system for government payments, and transfer the payment of fees to government entities for their services using the various other authorised payment options in the UAE. The decision came in response to suggestions from customers and takes their requirements into consideration in an effort to provide them with an easy to use, flexible, and efficient payment experience.
The Authority explained that the electronic tax payment platform available through the e-Services portal on the FTA website provides various other payment options for its customers, while maintaining the highest levels of security, ease of use, and speed.
One of these options, the FTA noted, is payment using the Generated International Bank Account Number (GIBAN), which is issued by the FTA to each tax registrant and allows taxpayers to send direct transfers from their bank accounts to the Authority. The system is used to transfer funds from various financial institutions in the UAE and abroad, and can be used to pay Value Added Tax (VAT), Excise Tax, and any other tax obligations.
ALSO READ:
More news from
The family's furniture, household appliances as well as the books and stationery of the children were destroyed in the April 16 floods
The 22-time Grand Slam champion and his wife Maria Francisca Perello welcomed their first child together in October 2022
In line with this year’s theme BNI UAE’s Expo has renowned speakers who will share experiences igniting breakthrough journeys through networking
The Hyderabad-based franchise achieved the coveted century landmark n just their eighth match of the season
The esteemed event celebrated Shah's remarkable leadership and contributions to the automotive industry
The artist will present a solo recital at Dubai Opera Studio on April 28
