Category : Finance

Why is a ‘Value Added Tax’ so important to the UAE?

International FinanceMay 31, 2018December 13, 2019

by International FinanceMay 31, 2018December 13, 2019

Experts say, instituting a value added tax in the UAE will drive its revenue expanse in a few short years. Mohammed Fathy, General Manager of Dubai-based tax consultancy Al Dhaheri Jones & Clark, explains its long-term effect on the region’s sectors and GDP percentage...

Technology revolutionising tax collection in Europe

International FinanceMay 31, 2018December 13, 2019

by International FinanceMay 31, 2018December 13, 2019

The furore over data protection has reached an all-time high. While the world chastises Silicon Valley for altering reality on the basis of social media behaviour, Europe is increasingly intrigued by the use of technology for tax collection. Nicholas Hallam, CEO of Accordance – a specialist firm in cross-border VAT, talks about how real-time VAT...