6 Ways To Keep Away From VAT Penalties
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Every country has their own taxes. It is a mandatory financial charge imposed upon a taxpayer individual or any legal entity by the government in order to fund the government. Recently UAE introduced the Value Added Tax (VAT) on the 1st of January 2018. According to the law, a 5 per cent tax is levied upon the majority of transactions in goods and services with a few exemptions.
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Sarah Ferguson Tax Consultancy
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