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.

How do excise and duties impact the VAT in GCC?

Excise and customs taxes should be treated differently to VAT and often come under different laws. So from a VAT solution set up you can ignore the excise taxes as you will be invoices separately for these.

Posted 21 October, 2018

Can a foreign company inflict tax on a business which is in UAE?

Yes, if they are having their supplies being made in the UAE.

Posted 21 October, 2018

Moving to Dubai, salary, tax implications and survival

Hi, I need some help figuring out if I can survive in Dubai on a salary while not taking a major hit to my standard of living. I was offered a position in Dubai for a yearly salary of 100,100 AEDs. I am Canadian. I speak five languages. The position in question is a retail position and I will be working more hours then I am here in the same position. Of course there is no income tax in Dubai but I am told I still have to pay taxes in Canada as a citizen whilst living outside the country. Now here&#39;s my dilemma, they are basically offering me the same salary (if converted to USD) that I am making here (+200 USD more per year) but the cost of living in Dubai, I hear, is much higher. I don&#39;t want to live with a roommate and certainly don&#39;t want a crummy apartment with no room 50km away from my job. It&#39;s not that I am above that, but I am currently in a situation where I can basically walk to work in 10 minutes and I am very comfortable.</p> <p>They are paying for my flight, they are also paying for my stay there for 2 months while I find an apartment. They said they would help facilitate the process and will assign someone to help me around the city during that time. They said the 100100 dirhams is a package which basically includes my base salary plus housing, transportation and a flight back home per year...but whats weird is total salary (including housing, transportation and flight back home) equates exactly what I make here, meaning they didn&#39;t put it OVER my salary...if that makes sense? What do you guys think? Am I getting the short end of the stick? I&#39;m basically making 8432 dirhams per month. Is it possible to live under these circumstances? While I be living paycheque by paycheque? I am moving alone and know no one there. </p> <p>Just as a side-note, I&#39;m 20 years old and I mainly am interested by the experience and less by the money, but I am thinking of living in Dubai long-term and don&#39;t want to ruin my life. I am currently studying here in Business school and most likely will have to put that on hold. I&#39;m not asking for people to take the decision for me, I just need a realistic representation of what I&#39;m getting into. Thank you for all answers!

Posted 12 February, 2018

Will protection from VAT be assessable?

By and large, protection (vehicle, medicinal, and so on) will be assessable. Extra security, in any case, will be treated as an absolved money related administration.

Posted 21 October, 2018

What parts will have 0% VAT in UAE?

VAT will be charged at 0% in regard of the accompanying primary classes of provisions:

Posted 21 October, 2018

Will VAT give me a different expense receipt?

Yes, one will be furnished with a different expense receipt report, which will detail the VAT charges on bank expenses for the particular time frame.

Posted 21 October, 2018

If someone is in retail and intending to swallow the VAT as opposed to charging their clients. How would they discover the expense of bearing the weight of VAT?

On the off chance that they charge 100 AED, or, in other words VAT than the most widely recognized error a business would make is to demonstrate the VAT of 5 AED on the receipt. In any case, as VAT is now incorporated into the 100 AED, or, in other words genuine VAT charged by them is 4.76 AED. The portion to utilize is 100/21

Posted 21 October, 2018

What will be exhausted in UAE from VAT?

Hardware, advanced cells, autos, adornments, watches, eating out, and stimulation will fall under the saddled class. GCC nations are additionally anticipated that would present extract obligations on specific refreshments that are considered to be destructive to wellbeing, incorporating those with high sugar content.

Posted 21 October, 2018

How is VAT connected on special of utilized autos?

No, VAT if the vehicle is sold by an end client of the auto anyway VAT is relevant whenever sold by an organization or business which offers utilized autos.

Posted 21 October, 2018

If the lease see restoration sum is the equivalent with respect to one year from now sum 100,000 in UAE, would it end up 105,000?

No, it won’t be. VAT won’t be charged any extra for any kind of leases.

Posted 21 October, 2018