الوسم: federal

This is where VAT money will go

This is where VAT money will go

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 …

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How VAT will make water and energy charges shoot up

How VAT will make water and energy charges shoot up

As residents brace for the upcoming introduction of Value Added Tax (VAT), it was recently revealed that home utilities will be subject to extra charges as well. As of 1st January, water and electricity bills across the country will carry …

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VAT framework for real estate announced

VAT framework for real estate announced

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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This is how the UAE’s new tax laws will affect you

This is how the UAE’s new tax laws will affect you

The impending implementation of tax is an overwhelming thought for many of us. But don’t panic, it’s not as complicated as it seems The Middle East has long been a tax haven that brought jealous looks from many corners of …

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How the lack of cyber ethics can land you behind bars

How the lack of cyber ethics can land you behind bars

Keep yourself from unintentional wrong doing by practising caution and good manners when using social media Many of us would agree that the internet is perhaps the greatest invention of the 20th century, so much so that it’s almost hard …

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What you need to know about the new VAT laws

What you need to know about the new VAT laws

A Federal Decree-Law has been revealed on value-added tax (VAT) by HH Sheikh Khalifa bin Zayed Al Nahyan. Due to be introduced on 1st January 2018, VAT in the UAE will be among the lowest in the world, at a …

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Pension reforms look to retire outdated system

Pension reforms look to retire outdated system

  A new report has highlighted the urgent need for pension reforms in the UAE, following a workshop in the capital. The Pension Systems in the Arab Region: Trends challenges and options for reforms report, published by the World Bank …

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Everything you need to know about the new tax law

Everything you need to know about the new tax law

A Federal Decree-Law has been revealed on excise tax by HH Sheikh Khalifa bin Zayed Al Nahyan. The federal law of excise tax is here but what does it all mean, how will it affect you and what else other …

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Posted in Features | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment
How will the new tax law affect you?

How will the new tax law affect you?

New legislation has been announced as the UAE makes moves to establish a system of taxation. The Tax Procedures Law, which establishes the cornerstone for a national tax framework, will apply primarily to companies and businesses operating within the country. …

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Posted in Great Reads, News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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