Will Salaries In The U.A.E. Increase in 2018?
Employees across the U.A.E. might not see a substantial value addition in their paychecks this year even as the country…
Tax
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Looking for the right vat accounting software
The buzzword in the UAE appears to be VAT-ready. But is your business ready for it? And what about the…
No VAT on ATM withdrawals in Saudi Arabia
No Value Added Tax will be charged on withdrawals from any ATMs, according to Secretary General of of the Committee…
S. Arabia, UAE levy VAT in first for Gulf
Saudi Arabia and the United Arab Emirates introduced value-added tax from Monday, a first for the Gulf which has long…
Federal Financial System becomes VAT compliant
The Ministry of Finance (MoF) announced that the Federal Financial System has been updated and is ready to manage all…
Footballers ‘prefer’ Turkey due to low income tax rate
Turkey is one the most preferred countries among football players as the income tax rate in the country is lower…
Qatar banks to prepare for Basel IV requirements
Banks in Qatar need to prepare now for the introduction of revised standards recently released by the Basel Committee, said…
Footballers ‘prefer’ Turkey due to low income tax rate
Turkey is one the most preferred countries among football players as the income tax rate in the country is lower…
Kuwait, Oman postpone Value Added Tax until 2019
Oman's finance ministry decided to postpone the implementation of the Value Added Tax (VAT) until 2019, and transative tax until…
Expat football mogul case shows limits of HMRC power
The case, Jimenez v The First Tier Tax Tribunal & HMRC, saw the High Court quash a demand for tax…
No VAT on expat remittances in Saudi Arabia, say bankers
Senior bankers clarified on Sunday that money sent home by expatriate workers will not be taxed under the value-added tax…
Pro-austerity Saudi prince buys world's most expensive home
The Saudi crown prince leading a corruption crackdown that has seen dozens of his country’s wealthiest men locked up has…