WellTax

22/10/2026

A downward transfer pricing adjustment can reduce taxable income, but it also needs to stand up to scrutiny.

The FTA’s Public Clarification CTP011 gives businesses clearer guidance on how these adjustments should be handled in the Corporate Tax Return and what evidence should be retained to support the position taken.

Our latest article breaks down the practical points UAE businesses should consider when related party transactions are not reflected at arm’s length.

Read the full article on our blog.

Learn when UAE transfer pricing downward adjustments can be made without prior FTA approval and the documentation needed to support them.

20/10/2026

Expanding internationally can bring VAT implications that UK businesses may not have anticipated.

An overseas branch, local team or operating arrangement can affect where services are considered supplied, how invoices are issued and whether additional VAT obligations arise.

But when does an overseas presence actually create a VAT fixed establishment?

In our latest article, we explore the key considerations, potential risks and practical checks UK businesses should undertake before expanding abroad.

Read the full article on the WellTax blog.

Could overseas operations create a VAT fixed establishment? Learn the risks for UK businesses and what to check before expanding.

15/10/2026

Can your overseas business become subject to UK Corporation Tax without having a registered UK branch?

Offices, sales agents, showrooms and remote working arrangements can all raise permanent establishment considerations.

Discover the key risks, practical examples and tax implications in our latest article.

Read the full article on the WellTax website.

Understand when a UK permanent establishment may arise and how premises, agents and remote working affect Corporation Tax exposure.

12/10/2026

Today, we join the Spanish community in the UAE and around the world in celebrating Spain’s National Day.

At WellTax, we see the value of international relationships through the clients, partners and professional communities we work with. Today is also an opportunity to recognise the people and businesses that continue to strengthen the connection between Spain and the UAE.

Warm wishes to everyone celebrating. ¡Feliz Día Nacional de España!

08/10/2026

The rules around VAT recovery on employee expenses are becoming more detailed.

From 1 October 2026, businesses will need to look more closely at how certain employee-related costs are treated and whether the required conditions for input VAT recovery are met.

Our latest article breaks down the new requirements under the new FTA Decision and highlights the key areas to review.

Read the full article on our blog.

Learn the new UAE VAT rules for employee expenses under FTA Decision No. 17 of 2026, covering transport, meals, accommodation, telecoms and parking.

06/10/2026

From April 2028, small UK companies and micro-entities will face new Profit and Loss filing requirements with Companies House.

In our latest article, we look at what is changing, how the publication opt-out is expected to work, and what businesses should consider ahead of the new rules.

Read the full article on our blog to learn more.

UK small companies face new P&L filing rules from April 2028. Learn what changes, what stays private, and how to prepare.

01/10/2026

For growing businesses, stronger financial leadership can make a real difference.

A Fractional CFO can help improve cash flow visibility, management reporting, tax planning and decision-making, without the need for a full-time hire.

Our latest article looks at the key benefits for UK businesses and when this type of support can be most useful.

Discover how a Fractional CFO can help UK businesses improve cash flow, reporting, tax planning and strategic decision-making.

24/09/2026

Yesterday, we held our seminar on how UAE tax and compliance rules affect businesses and individuals in practice, organized in collaboration with IFZA Dubai.

Drawing on the experience of WellTax’s FTA-registered Tax Agents, the session covered Corporate Tax returns, recent legislative developments, VAT, Transfer Pricing and international tax, with a focus on how these areas influence real business and personal decisions.

Our sincere thanks to IFZA, the Spanish Business Council in the UAE, the Mexican Business Council in UAE and the Peruvian Business Council UAE for helping us bring the event together.

Thank you as well to our speakers, Lorenzo Silvano Giuseppe Tosonotti CIMA Dip MA, Keziah Nicole Dela Cruz, CPA, UAE FTA Tax Agent and Tomas Alonso Roncoroni, for the time and care they put into the session.

The results of our interactive quiz at the end showed how well everyone had engaged with the topics discussed. We hope the session was equally informative and enjoyable for all who attended.

It was a pleasure having you all with us.

24/09/2026

When remuneration is paid to directors, owners, officers or other Connected Persons, businesses need more than internal approval to support the deduction for UAE Corporate Tax purposes.

A well-prepared salary benchmark can help demonstrate that the amount paid is commercially justifiable and consistent with the market.

Our latest article explains the role of salary benchmarking, the factors businesses should consider, and the importance of maintaining appropriate supporting evidence.

Read the full article on our blog.

Learn how salary benchmarking can support UAE Corporate Tax deductions for Connected Persons by demonstrating market value and comparable remuneration.

22/09/2026

Our 2026 updated Guide to Partial Exemption VAT explains how the rules apply to UK businesses making both taxable and exempt supplies.

From allocating costs and calculating recoverable VAT to the de minimis rule, special methods and annual adjustments, the guide covers the key points businesses should understand to manage their VAT position correctly.

Read the full article on our blog.

Updated guide to Partial Exemption VAT for UK businesses, covering VAT recovery, de minimis rules, annual adjustments and common errors.