VAT UAE 2018

With vat, don’t expect your boss to reward you with a salary increase any year to help you balance your salary, this additional cost of making sure they are VAT compliant, and there is always pressure for businesses to pay their bottom line profitability

overall cost impact is likely to be only around 1.905 per cent for most families, according to what people expect, given that their biggest outgoings – education, residential rent and overseas travel – will be little rated but sure will be more tax. 160 countries in the world currently implement VAT, but most of these charge little more than the 5 per cent which is the amount the UAE will be starting. The average VAT rate in Europe is 20 per cent, which is about 5 percentage points higher than the universe average.

store in Dubai, comes from many places, where VAT is where VAT is charged at 25 per cent. ad they have no issue why? in there country vat is more, so vat or tax uae startig won’t affect the way of Europeans shopping, but it affect other countries.