HI UAE Residents,
As we all know UAE is implementing VAT @ 5% on Jan 1st 2017 Are you all ready to welcome VAT,
Let everyone know how it is gonna impact your routine life.
Thanks,
I think it will increase slightly each year or two/three years gaps. People will get used to it but for people who are having high profile income shall pay more and so on. But again, this tax system is good for us and the government.
as per information it should increase cost of living by 5%
Anyone know if VAT is implemented at the airport, ie Duty Free?
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