The Authority also debuted the VAT Calculator, which allows consumers ... and prevent any attempts at price manipulation as the UAE tax system goes into effect. These services support and ...

The UAE is all set to implement value added tax (VAT) from January 2018, and businesses in the first phase can start now registering on the website of the Federal Tax Authority (FTA). Ahead of ...

Multiply 20 fils by 50,000 such transactions seven days a week across all the stores in the UAE. That’s an awful ... Then, upload a VAT calculator phone app, so you can work out the correct ...

In the UAE, VAT applies to goods and services exchanged for cryptocurrency, treating these transactions as barter. Businesses accepting cryptocurrency must calculate VAT based on the fiat value ...

“The UAE’s real estate industry is evolving rapidly, and VAT compliance should not be a roadblock to growth. This guide is a strategic tool designed to empower developers ...

The GCC indicated a willingness to move ahead with VAT after the committee ordered a general framework to be formulated. Following this, the UAE took the first step. Ministry of Finance ...

Introduction of VAT Gerzeni of TMF Group said the implementation of VAT in the UAE in 2018 is expected to increase accounting complexity for businesses, mainly due to the related tax compliance ...

The implementation of value-added tax (VAT) will have the biggest impact on the UAE's middle class earning around Dh20,000 a month with the highest increase in cost going into buying food items ...