Tags VAT

VAT

VAT Refund for Tourists In UAE Starts Q4 2018

The UAE Cabinet has adopted a decision to implement the value added tax refund system for tourists, which will integrate between retail outlets with...

VAT Refund on Building New Homes for UAE Nationals

The Federal Tax Authority (FTA) has set three requirements and procedures for UAE nationals to refund Value Added Tax (VAT) incurred on the new...

Diamond and Gold Trade Exempted from VAT as Demand Halves

The UAE Cabinet has adopted a law to introduce the VAT Reversed Charge mechanism for investors in gold, diamond and precious metals, meaning that...

VAT Has Limited Impact on Real Estate Sector

The Federal Tax Authority (FTA) and Dubai Land Department (DLD) have confirmed that the UAE’s recently introduced VAT will have a limited impact on...

VAT Registration Easy Through e-Services Portal, FTA Claims

The Federal Tax Authority (FTA) reaffirmed that registering for Value Added Tax (VAT) can be done in three easy steps through the e-Services portal...

UAE Optimistic For 2018 Despite Expecting VAT To Be A Challenge

New YouGov Omnibus research has found that despite expecting VAT to be a challenge in the UAE, residents are largely optimistic for the year...

How VAT Affects Home Ownership and Renting in Dubai

As a UAE resident, one of the biggest financial decisions you’ll face is that of buying or renting a home. Owning a home involves...

Economic Confidence in GCC Remains Stable despite VAT Adoption

Confidence in the Middle East is stable, even with the adoption of VAT in the GCC, according to the latest edition of the Global...

VAT Calculator, Tax Registration Number Verification Service Now Online

The new services are part of the Authority’s efforts to protect consumers and prevent any attempts at price manipulation and profiteering. The Federal Tax Authority...

The Impact of VAT on Car Ownership in Dubai

Owning a car in the UAE is a big decision since it involves many hefty expenses including fuel, insurance, parking and maintenance. For those...

Designated Zones in UAE for VAT Exemption Revealed

The Ministry of Finance has clarified the details of Cabinet Decision No. (59) of 2017 on Designated Zones for the purposes of the Federal...

UAE Residents Worried About Cost of Living Being Raised by VAT

• yallacompare survey finds 44.6% are worried about not being able to afford the increased cost of living as a result of VAT being...
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