FTA organises three youth circles on tax culture to support SMEs

Abu Dhabi / WAM

The Federal Tax Authority (FTA) Youth Council, in cooperation with the Federal Youth Authority (FYA), held three youth circles on Tax Culture to Support Small and Medium Enterprises (SMEs) as part of the council’s initiatives to raise tax awareness and facilitate tax compliance through direct engagement with youth business.
More than 100 representatives of small and medium enterprises participated in the discussions at youth centres in Abu Dhabi, Dubai and Ajman.
The sessions were attended by FTA Director-General Khalid Ali Al Bustani; the Federal Youth Authority Director-General, Saeed Al Nazari; the Abu Dhabi Department of Economic Development (ADDED) Under-Secretary, Rashid Al Balooshi, and the Mohammed bin Rashid Establishment for Small and Medium Enterprise Development Executive Vice President, Saeed Al Marri, alongside several federal and local authority officials.
The youth circles, moderated by Eissa Ibrahim Al Raeesi, an FTA Tax Enforcement Specialist, dealt with a set of main themes, including the services provided by the authority, its future directions, enhancing the youth tax culture in the SME sector and the most prominent challenges facing young people at SMEs and their perceptions of facing and overcoming these challenges.
The panels also engaged participants on their innovative ideas, suggestions and opinions for developing and modernising the processes carried out by the authority, to continuously improve services and procedures.
Al Bustani said, “The holding of these youth circles came as part of the authority’s educational and awareness plan, with the aim of supporting UAE youth in the SME sector and enabling them to achieve tax self-compliance smoothly and easily, during which, the focus was placed on listening to their opinions, suggestions and observations on the procedures and services provided to develop and modernise the authority’s services.”