To ensure that the tax money collected will be put to good use, the UAE cabinet is considering allocating 70 percent of VAT revenues to local governments. If deemed viable, the allotted money will be used to aid development projects …
The Ministry of Energy has announced that petrol and diesel prices will rise on 1st January 2018. Part of the increase is five per cent Value Added Tax (VAT), which will be added to most goods and services from the …
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