Category: All Blogs

VAT to be introduced in the UAE during 2018

A senior official at the UAE’s Ministry of Finance has confirmed that Value-Added Tax (VAT) will be introduced across the UAE and the GCC in 2018. Younis Haji Al Khoori, Undersecretary at the Ministry of Finance (MoF), said that the GCC countries have agreed to unify their tax policies before the introduction of the VAT. […]

Luxembourg 2015 VAT Increase

In April of this year Luxembourg’s Prime Minister, Xavier Bettel, confirmed that the country’s VAT rate would increase by 2% across three of its tax bands. The start of 2015 will see a hike in all of Luxembourg’s tax rates, other than its super-reduced rate which will remain at its current 3% level. This increases […]