Can Small business relief apply to each member separately or tax group as a whole?
As a Tax Group will be treated as a single Taxable Person, Small Business Relief applies to the Tax Group rather than to the individual members of the Tax Group. This means the Revenue threshold for Small Business Relief applies to the consolidated Revenue of the Tax Group, and not to each member individually.
Tax Group can take benefit from Small Business Relilef subject to fulfilment of following conditions: -
the Tax Group has a Revenue below or equal to AED 3 million in a relevant Tax Period and all previous Tax Periods, and
none of the members of the Tax Group is a Constituent Company of a Multinational Enterprises Group that is required to prepare a Country-by-Country Report under the UAE’s Country-by-Country Reporting rules.