VAT in the UAE: what’s going to be affected

The New Year is rapidly approaching – and so is the new VAT. Up until now it’s been a bit unclear about what will be taxed, that is until today.

The Federal Tax Authority has just released the list of everything that will be subject to the 5 percent tax.

It has also released details of what will be zero rated (meaning you, as the consumer won’t have to pay any tax) and what will be completely exempt from the charge.

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