Tag: competitiveness

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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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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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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