UAE VAT refund for new homes surges to 4,000 claims in H1 2026 UAE VAT refund for new homes reached 4,000 approved claims worth AED 353.5m in H1 2026 as …
Tax
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Business
UK proposes high-value property tax amid valuation gaps for £1.5m homes
by James Bryantby James BryantUK mansion tax implementation challenged as study finds 40% of £1.5m homes unrecorded UK mansion tax set for April 2028 faces major valuation gaps, with a study showing around 40% …
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Chinese divestment from the U.S. solar industry accelerates as policy shifts force asset sales U.S. tax and foreign-ownership rules have driven a wave of Chinese exits from U.S. solar factories, …
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Business
UAE Federal Tax Authority launches council to expand Emirati tax agent workforce
by James Bryantby James BryantFederal Tax Authority Opens Forum to Grow Emirati Tax Agent Workforce Federal Tax Authority launches forum to expand Emirati tax agent workforce, boost tax literacy and compliance through training and …
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Business
UAE Federal Tax Authority reports 9% registration rise, AED 3.72bn VAT refunds
by James Bryantby James BryantUAE Sees Strong Uptick in Corporate Tax Compliance as VAT Refunds and Digital Systems Expand UAE reports rising corporate tax compliance and expanded digital VAT refunds: 9% increase in registrants, …
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UAE tax revenues top AED 46 billion in 2025, driven by VAT and excise gains UAE tax revenues topped AED 46 billion in 2025, a 15% rise from 2024, the …
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Business
UAE Federal Tax Authority expands VAT refund eligibility for new homes
by James Bryantby James BryantFTA expands VAT refund for new citizen homes to cover wider range of construction payments UAE Federal Tax Authority widens VAT refund for new citizen homes, estimating AED200m in savings …
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Business
UAE Federal Tax Authority announces corporate tax fine waiver for 68,600 taxpayers
by James Bryantby James BryantCorporate tax late registration amnesty sees 68,600 beneficiaries; number expected to rise to 91,000 The Federal Tax Authority announced that more than 68,600 taxpayers have benefited from the corporate tax …
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Trump Proposes Suspension of Federal Gas Tax to Curb Rising Pump Prices President Trump proposes suspending the federal gas tax to ease pump prices, but economists say savings would be …
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Sri Lanka VAT on digital services to start July 1 as financial services tax rises Sri Lanka will impose VAT on digital services from July 1 and raise the tax …