VAT on Gold Trade in UAE
Recent changes in the Value Added Tax (VAT)system in the United Arab Emirates have affected the local gold, diamond, and precious metals market to a large extent. Special VAT exemptions …
Vat
Understanding Tax Exemptions for Residential Properties in UAE
Residential properties in the United Arab Emirates (UAE) have also been subject to Value Added Tax (VAT). Yet there are exceptions and deductions for homeowners and property investors. This article …
Determine VAT Eligibility for Charity in the UAE
Value Added Tax commonly referred to as ‘VAT’ became effective in the United Arab Emirates from 1 January 2018, at a standard rate of 5%. Any charities that engage in …
Business vs. Non-Business Activities
Charities engage in various activities in the accomplishment of their charitable purposes. Such activities may include direct charitable services and trading activities such as sales of various items through shops. …
