VAT
Middle East | 16 Mar 17
UAE minister sets prospective VAT for Gulf at no more than 5%
VAT no higher than 5% will come into force from 1 January 2018 in the UAE and other Gulf States covering most products and services.
Tax & Regulation | 6 Sep 16
HMRC sets date for UK VAT charge on international insurers
New UK VAT rules are set to hit Gibraltar and Channel Islands based insurers when they are introduced on 1 October.
Commodities | 23 Feb 16
IMF calls on Gulf nations to widen their tax base
The newly-reappointed head of the IMF has called on Gulf countries to re-engineer their tax systems and consider greater use of corporate income taxes, as well as property and excise taxes to bolster government revenues in the face of lower oil prices.
Middle East | 11 Dec 15
Healthcare, education to escape planned new Gulf VAT
Healthcare and education will be excluded from a planned Gulf-wide value added tax (VAT) scheme, which the Middle East region’s finance ministers have agreed on to shore up revenues in the wake of the recent sharp fall in oil prices.
Tax & Regulation | 30 Oct 15
HMRC reveals tax bill for international life cos and others
HM Revenue & Customs has set out the UK VAT changes that will go live from 1 January 2016 resulting from a European Union court case involving Skandia American Corporation and Sweden’s tax authority.