19.9 C
Dubai, AE
Thursday, February 22, 2018
Consumers still have limited knowledge about VAT, which is why unregistered retailers are able to continue overcharging them, said CA Naveen Sharma, chairman of ICAI Dubai chapter and director of internal audit at Al Shirawi Group. "The first thing the...
UAE said on Thursday it would resume flights to Tunisia after an exchange of security information, resolving a row over female Tunisian passengers being barred from flying to UAE. A statement by the foreign ministry on state news agency WAM said the...
VAT (Value added tax) has been implemented in the UAE as approved by Gulf Cooperation Council (GCC) members in 2017, however a few Gulf countries are set to roll-out VAT in 2019. On January 1, 2018, UAE and Saudi Arabia...
On December 31, users of the beloved Skype were bludgeoned with the news that it has been blocked in the UAE. Not exactly good news especially for expats, who rely on the app to connect with their loved ones back in...
UAE-based telecom company Etisalat on Wednesday clarified that it had not increased the prices of prepaid recharge cards after the implementation of value-added tax (VAT) in the UAE. "Etisalat has introduced five denominations of recharge cards sold at Dh30, Dh55,...
Residents in the UAE will soon have to watch how much energy they consume as their electricity and water bills will be subject to the value added tax (VAT) being introduced from next year. Starting from January 1, 2018, water...
1. What is the VAT treatment of education? The main educational services and related goods and services supplied shall be zero rated, if supplied by any of the following 'qualifying educational institutions': >    Nurseries, preschools and schools >    Higher educational institutions owned...
The UAE will implement five per cent value-added tax (VAT) from 7am on January 1, 2018, with a few goods and services zero-rated and exempted as part of the GCC-wide agreement. Being an indirect tax on consumers, VAT will be...
Everybody looks forward to their weekends; it's those one or two days in the week when you're supposed to take it easy and not succumb to any pressure. Unless you count your shopping list as a source of pressure. And sometimes...
Dubai: Gold prices in the UAE have hit their highest level in a month, with the bullion nearly touching the $1,300 level due to a soft US dollar. The price of 24-karat gold stood at Dh156.75 per gram on Sunday,...

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