VAT

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Aug 27th 2015, 10:58 am

#16

norsk

Token Scandinavian Bloke

Joined: Jun 2009

Location: Dubai

Posts: 2,820

Re: VAT

Quote:

Originally Posted by Bahtatboy

Most people look at you slack-jawed if you say that paying VAT's optional. Perversely, I'm happy to pay VAT when I'm in UK, since it contributes to the system in which my family live. I wouldn't be so keen to do so in the UAE because I can imagine how badly planned and executed it would be.

Paying taxes including VAT is a give & take activity. There has to be a balance for it to be a win/win situation for both parties. For example if there was a VAT being charged in UAE, what exactly would I be getting in return? And I'm not talking about citizenship or permanent residency. In my opinion that has nothing to do with taxes and is just certain nationalities dreaming....

Aug 27th 2015, 12:39 pm

#17

Millhouse

Lost in BE Cyberspace

Joined: Aug 2009

Location: Disneyland, Dubai

Posts: 15,887

Millhouse has a reputation beyond repute

Re: VAT

Quote:

Originally Posted by Bahtatboy

VAT is somewhat optional. It is not applied to food and essentials in most cases.

The point in making is that I prefer consumption based taxes vs income or other forms of direct taxation In effect you can choose the level of tax you pay by what you consume.