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Flat Rate VAT Scheme
A simplified UK VAT scheme allowing small businesses to pay a fixed percentage of turnover as VAT, rather than calculating input/output VAT separately.
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FTA (Federal Tax Authority)
The UAE government body responsible for administering and collecting VAT and Corporate Tax.
Fair Work Act Compliance
Australian workplace laws affecting payroll obligations, including minimum wage, leave entitlements, and record-keeping requirements.
FUTA (Federal Unemployment Tax Act)
A US federal payroll tax employers pay to fund unemployment compensation programs.
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