VAT in the Hospitality Sector in UAE

Deepak Chauhan | January 10, 2018

by Deepak Chauhan Running a successful business in the hospitality sector can be challenging. In a world of continuous changes, only the most updated business will survive. It is all about applying the latest technologies to update the system in order to provide the best services. With the new VAT imposed, some businesses might find it a little bit tricky to keep track of their finances the way they should. Taxes can be miscalculated and hotel may end up charging wrong prices, which may result not in losses but also penalties from VAT department. Most of the supplies of hotels and leisure are taxable under the VAT, signed in February 20...