Tax.... It's coming.

[Chilli]

I understand Corp tax to be extended across the board, and vat on new cars...no idea when though.

[Stickyfinger]

Chilli said:

I understand Corp tax to be extended across the board, and vat on new cars...no idea when though.

Did "ossie" tell you on the QT ?

[After_Shock]

Ive heard October on the VAT but cant say for definite.

[Fats25]

Rumour I have heard is:-

20% corp tax (with incentives to drop to 10% on location, emiritisation increase etc)
15% new car sales tax
5% VAT

No idea if true, but the rumour is there.

[Asterix]

Time to set up an accountancy firm specialising in tax affairs.

They will be the only winners from this.

[Randompunter74]

This is all very well, but for companies located in a Freezone its about 40 years tax free. Luckily am in a freezone...so they can lick my balls.

[After_Shock]

Randompunter74 said:

This is all very well, but for companies located in a Freezone its about 40 years tax free. Luckily am in a freezone...so they can lick my balls.

Jebel Ali be bursting at the seams!

[Chilli]

Just had notification through that all Dubai companies must register their companies on-line...., that'll be AED4,900 please.

[After_Shock]

Chilli said:

Just had notification through that all Dubai companies must register their companies on-line...., that'll be AED4,900 please.

The bank is empty, how can we get some money in................