الوسم: vat

Fuel prices to rise again in February

Fuel prices to rise again in February

Fuel prices have just been announced for the following month and once again they’ve gone up. Motorists have a few days to make the most of cheaper fuel before filling up becomes more expensive on 1st February (Thursday). Here are …

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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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90s legends headline returning music festival

90s legends headline returning music festival

Grammy-winning troupe Blackstreet and RnB legend Dru Hill are coming to the capital to headline the second edition of the Sunset Music Festival on 16th February. Hosted at Zayed Sports City, the festival will feature six hours of non-stop music from four …

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This popular mall has launched an amazing year-end sale

This popular mall has launched an amazing year-end sale

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 …

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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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Is it time for you to make a move in the capital?

Is it time for you to make a move in the capital?

With a slew of new developments on show at the eighth International Real Estate and Investment Show, could now be the right time to purchase an investment property? If you’ve been here for a few years and don’t think you’ll …

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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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