View or update tax rates and thresholds (compliance rules)
Quick answerIn MAJA Books go to Settings → Compliance to see the VAT rate, corporate tax rate and thresholds MAJA applies; to change one, enter the New value, Effective from date, Reason and Approved by, and click New Version — rules are versioned, never edited.
Steps
- Click Settings, then the Compliance tab.
- Each card shows a rule, the value in force and since when (or "built-in default"), and its version history.
- To change a rule, enter the New value, the Effective from date, the Reason and, if you have it, Approved by.
- Click New Version.
The rules
- VAT — Standard Rate (%) (5)
- Corporate Tax — Rate (%) (9) and Threshold (AED) (375,000)
- Bad Debt Relief — Waiting Period (months) (6)
- VAT — Mandatory and Voluntary Registration Thresholds (AED) (375,000 and 187,500)
- Corporate Tax — Small Business Relief revenue ceiling, loss set-off limit, interest cap and de minimis, entertainment deductible share, and Small Business Relief last period end.
Good to know
- Rules are never edited. A new version applies from its effective date, and every posted document keeps the rule that applied on its date.
- A reason is required; rule changes are audited.
- The effective date must be after the current version's start.
People also ask
- Where is the VAT rate set in MAJA Books?
- How do I update the corporate tax threshold in MAJA?
- How does MAJA handle a change in tax law?
Still stuck? In the app, tap the ? button at the top and choose Chat with MAJA support — the screen you are on goes with your message and the reply comes to the same place (within one working day). Or write to support@majabooks.com, or ask MAJA's assistant (the round button at the bottom right of MAJA Books).