NEW DELHI: The UAE levying a 5% value added tax from next year will not affect trade, Dubai Chamber of Commerce and Industry Chairman Majid Saif Al Ghurair has said. "There will be no affect of VAT on trade. The discussion is to have VAT between 4-5%. It is an...

Understanding the impact of business models on VAT obligations can help to minimise tax risks and ensure compliance with tax regulations. Nicholas Hallam, chief executive of Accordance, highlights the key points. Being aware of VAT obligations – and how a business...