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Tuesday, March 12, 2024

Al Tayer: UAE has no intention to raise tax rates

Dubai: The UAE’s government has no intention of raising the current rate of Value-Added Tax (VAT) or excise tax in the medium term, Obaid...

UAE Consumer goods industry has record growth ahead of VAT introduction

The consumer goods industry witnessed 37 per cent growth in Q4 2017 as residents across the emirates prepared for the implementation of VAT, according...

UAE’s tax authority launches four-step guide to filing VAT returns

The Federal Tax Authority (FTA) in the United Arab Emirates has produced a guide advising companies on the process for filing tax returns online,...

UAE VAT may double in 5 years: IMF

UAE - The five per cent VAT that came into effect in two GCC countries from the start of 2018 "is extremely low in...