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Digital Subscriptions > Portfolio Adviser > May 2017 > UAE to put VAT on advice – but not life

UAE to put VAT on advice – but not life

Details of the VAT system to be introduced for the first time in the UAE reveal that the standard rate of 5% will be levied on fee-based financial advice but not on the sale of life products.

The UAE is on track to implement VAT from 1 January 2018, according to an update from law firm Pinsent Masons.

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About Portfolio Adviser

This month we ask could inflation return to 1970s levels? We also assess the future success of the IA’s new Volatility Manager sector, and find out why everybody is wrong about China.
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