This Infographic Will Tell You Exactly What You Need To Know About VAT In The UAE
As more and more information trickles through about VAT in the UAE, which comes into affect from January 1, we now have a clear idea about what will and what will not be taxed.
This is a very useful infographic released by the Federal Tax Authority; (FTA) while supplied goods are taxed at a rate of 5%, (including electricity and water) for the most part; education, healthcare and transport remain tax free.
Here’s what you need to know: