VatCalculatorOnline

31 Vat FAQs


Why is the UAE implementing VAT?

The UAE Federal and Emirate governments provide citizens and residents with many different public services – including hospitals, roads, public schools, parks, waste control, and police services. These services are paid for from the government budgets. VAT will provide our country with a new sourc

Posted 21 October, 2018

What is the difference between VAT and Sales Tax?

A sales tax is also a consumption tax, just like VAT. For the general public there may be no observable difference between how the two types of taxes work, but there are some key differences. In many countries, sales taxes are only imposed on transactions involving goods. In addition, sales tax is o

Posted 21 October, 2018

What is VAT?

Value Added Tax (or VAT) is an indirect tax. VAT is one of the most common types of consumption tax found around the world. A business pays the government the tax that it collects from the customers while it may also receive a refund from the government on tax that it has paid to its suppliers. The

Posted 21 October, 2018

Council tax query

Hello! I know similar questions have been asked before, and I am trying to speak to a human in my council (hammersmith and fulham) but it's impossible. I moved into a new property in August, I tried to set up a direct debit with the council. As I found it impossible both through the phone or online

Posted 18 April, 2018

When is a fee not a tax?

Currently living in a hotel until I decide what I want to do regarding accommodation. The fee's and taxes now are out of control to the point where the price can be 25-30% higher than what is advertised. An example today: VAT AED 351.45 Property service charge AED 639 Destination fee AED 15.00

Posted 18 April, 2018

Recommendation needed: PWC alternative for global tax strategy for UAE based startup?

Help! I have a LLE in Fujairah and started to have clients in Europe and the US. Now the whole withholding tax issue has become pretty complex pretty quick and am not sure whether is should set up in Delaware additionally to at least to some extend minimize the tax burden (paying on income rather th

Posted 18 April, 2018

Showerthought: They should tax investment properties that remain vacant with no tenants.

problems I've seen is people buying property off plan for too much money, then when the project is finished investors overprice the rent, even if it is over market value, and would prefer an empty property over lowering the price. I myself gave reasonable offers on property last January (2017) that

Posted 18 April, 2018

Interview Question - What do you know about VAT?

Hi guys, So I know from an academia point of view what value added tax is. How it is filed (every quarter or month), exemptions, rate, input vs output tax.. etc. With respect to Dubai, is there anything extra-special about VAT? From what I know, everything seems standard but if anyone here working

Posted 18 April, 2018

VAT on office rental

Hey guys, so I rented a office in DSO in November 2017 and paid the 6 months rent in advance.Now the landlord is asking me to pay the VAT starting from January. I just want to find out that am I suppose to pay the VAT even though I paid the rent in advance before January 2018? I tried to call the Ta

Posted 18 April, 2018

[Urgent] Transaction prior to VAT

We run a retail business, one of our customers placed an order somewhere in November 2017. We are delivering the product now, should we be charging VAT?

Posted 18 April, 2018