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This is how families affected in UAE, once VAT is introduced

 

Only 35  business days left for the implementation of the new  value-added tax (VAT)  rule in UAE.

UAE residents will have to pay 5 per cent value-added tax (VAT) on food, water and power and higher education from next year onward.

On wednesday federal authourity releases the exact list of all tax rules.This deatails are fully published in it’s website also.

According to statement ,after the VAT implimentation there is a 2.5% hike in basic necessities.

Electronic appliances,cars,petrol and diesel are also included in VAT list.Online markets will also affects the new VAT rule.

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