VAT

Local jewellery stores expect that VAT could make imports of bullion-based ornaments from the UAE a bit costlier going forward, though they are awaiting more clarity over the issue before raising the…
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As part of the agreement, Sharaf DG will have Tally.ERP 9 Silver and Gold (single and multi-user editions) available across its 24 stores in the UAE. Tally Solutions has trained over a 100 Sharaf DG …
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Business leaders from across Oman gathered together at an ACCA event last week to discuss the impending introduction of VAT (Value Added Tax) across the region. VAT will be implemented in Oman and…
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Darwish bin Ismail Al Balushi, Minister Responsible for Financial Affairs, was quoted in news reports saying that Gulf Cooperation Council (GCC) countries have agreed to introduce VAT at the rate of…
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100 food items, education and healthcare to be exempted from value added tax The UAE will implement value added tax (VAT) at the rate of five per cent from January 1, 2018, said Obaid Humaid Al Tayer,…
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Muscat: Value Added Tax (VAT) will be introduced in Oman by the middle of next year, or even earlier, a member of the Majlis Al Shura’s economic committee has told the Times of Oman. “Implementation…
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