On Air Now

10:00PM - Midnight Beatmix with Mo Tiger
Listen Live
Connect: 600 55 1644 | SMS: 6887

100% Tax coming to the UAE!

UAE has announced that this year taxes will be applied on selected goods.

Which products?

Taxes will be applied on tobacco, Energy Drinks and Soft Drinks!

 

 

What's the increase?

100% tax will be applied to tobacco and energy drinks, and a 50% tax on Soft Drinks.

When?

In the fourth quarter of 2017, according to The Federal Tax Authority (FTA).

Why Does the Government Implement Taxes?

The money you pay in taxes goes to many places and helps to support common resource.

Shaikh Hamdan elaborated on the reasoning behind VAT, citing that the tax is being introduced to achieve economic diversification in preparation for the post-oil era.

Fizzy drinks lovers, get enough of your favorites before prices go up!

 

Abu Dhabi Sunny Sunny 38°C
Ajman Sunny Sunny 37°C
Dubai Sunny Sunny 37°C
Fujairah Sunny Sunny 34°C
Umm al Quwain Sunny Sunny 37°C
Ras al Khaimah Sunny Sunny 36°C
Sharjah Sunny Sunny 37°C