Net Amount (excluding VAT)


VAT (at 5%)


Gross Amount (including VAT)


VAT Calculator Online UK / UAE

What is a Value-Added Tax - VAT
A value-added tax (VAT) is a type of consumption tax that is placed on a product whenever value is added at a stage of production and at the point of retail sale. The amount of VAT that the user pays is on the cost of the product, less any of the costs of materials used in the product that have already been taxed.

More than 160 countries around the world use value-added taxation; it is most common in the European Union. But it is not without controversy. Advocates say it raises government revenues without punishing success or wealth, as income taxes do; it is also simpler and more standardized than a traditional sales tax, and there are fewer compliance issues. Critics charge that a VAT is essentially a regressive tax that places an increased economic strain on lower-income taxpayers, and also adds bureaucratic burdens for businesses.

Will VAT affect bank expenses in UAE?

Citi's understanding is that bank expenses won't be absolved from VAT. All the financial balance expenses charged by Citi are elite of duties. Organizations are encouraged to work with their duty consultants to affirm which charges are excluded, zero-appraised or will draw in VAT.

Posted 21 October, 2018

Would one be charged VAT for electronic shopping in UAE on goals, for instance, Souq, ebay or Namshi?

Yes, online shopping is applicable for the VAT to be charged with it.

Posted 21 October, 2018

Will optics costs in UAE goes under the area of VAT?

Yes, buying contact lenses, spectacles and other optical goods will be charged with a VAT.

Posted 21 October, 2018

Who must enroll for VAT?

A business substance who has a position of home in the state must enlist for VAT if their aggregate estimation of all provisions with the exception of excluded supplies and imports surpass the required enrollment limit of AED 375,000 in past a year or is foreseen that the aggregate estimation of said supplies and imports will surpass AED 375,000 in next 30 days.

Posted 21 October, 2018

Will grocery in UAE go higher with VAT?

Yes. In order to increase UAE’s economy rate, VAT will be charged on grocery items too.

Posted 21 October, 2018

Which writing computer programs is profitable for VAT in UAE?

Taxpay is a champion among other Vat POS Software in UAE, providing the moved POS, multi-outlet retail, and stock organization structure for all Retail and Wholesale in UAE. Make your charging system best and serious. Taxpay is starting at now being used by 1000 + private endeavors all over UAE. Download taxpay application to build up your retail store and besides make your Sales and Purchases in Minutes with taxpay.

Posted 21 October, 2018

Need a small, relatively cheap accounting software. Freshbooks or Zoho? (or what else is used in Dubai)


Or, any other recommendations you might have? Of course, should be "Vat ready" (lol I love that label). Freshbooks accepting CC payments on invoices you send out is really tempting me to go with that, as it eliminates the whole bank transfer issue. Zoho doesn't show that on their site, but do they do the same?

Posted 8 February, 2018

Are non-UAE enrolled elements required to get TRN?

VAT won't be relevant to non-UAE enlisted substances.

Posted 21 October, 2018

Will petrol in UAE be taxed?

Of course, it is one of the biggest factors where a VAT is needed to be charged to strengthen the economy of UAE.

Posted 21 October, 2018

How will VAT be connected to organizations?

VAT will be connected all through the store network. Every one of the organizations and organizations need to obligatorily enlist themselves with the Federal Tax Authority FTA. Organizations and merchants will be charged VAT on the products and ventures that they purchase from providers and should likewise charge their clients at the overall rate and bring about VAT. The distinction between the real sum recovered or paid will be in the end gathered by the legislature.

Posted 21 October, 2018