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 …
You’ll be able to get less for your hard-earned cash in the UAE throughout 2018, according to a business forecast by a global recruitment leader. The report, published by international firm Korn Ferry by its Hay Group division, has revealed …
With VAT expected to hit our shopping budgets at the start of the year, Yas Mall has launched a special year-end treat to cheer up residents. Running from 26th to 30th December, mall visitors will enjoy a mega sale promotion from …
Most residential properties will be exempt from taxation when VAT laws come into effect, according to newly announced guidelines. Released by the Federal Tax Authority, the framework details how the real estate sector will be affected by the five percent …
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