Your Tag: VAT

Value Added Tax (VAT) in the UAE (2022) – A Complete Guide

Value Added Tax (or VAT) is an indirect tax, common across the world, charged on most supplies of goods (and services). VAT is charged throughout the supply chain, with businesses paying the government the VAT that it collects from customers – but equally may get a refund from the government on the tax it has paid its suppliers. In short, it adds value throughout the supply chain.

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