PPRuNe Forums - View Single Post - VAT could double to 10% in some GCC countries.
Old 29th Jan 2018, 13:29
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Cantbebothered
 
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They did say VAT will start at 5% 'initially'.
Initially meaning we will raise it every year just like we do with property rent.
They also said they will not VAT basic essentials...changed their minds a few months later.
Also mentioned Income tax will not be implemented 'initially'.......watch this space. This is just the beginning. Once they get the taste of the money rolling in....
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