The Federal Tax Authority (FTA) has confirmed that all purchases made through online shopping portals are subject to the same 5 per cent Value Added Tax (VAT) as any other purchase made through traditional outlets if the products purchased online are...

Here’s a list of all the questions asked by our readers and Babu’s answers since we started this column. 1. Will my children’s school tuition fees be affected by VAT? No 2. Will VAT impact school expenses like bus fare, uniforms and text ...

If property is owned and self-used, registration is not required. If it is rented but if it is residential property more than 3 years old, registration is not required. However, if it is residential property newly constructed or a commercial property...