Value-Added Tax (VAT) is not only a tax; it's also a major engine of growth and economic development as well as transparency and accountability. Since the introduction of VAT in the UAE the VAT system has brought vast benefits to all segments of society, from the individual as well as businesses, to the public sector. For people VAT can help provide essential services to the public like health, infrastructure, as well as education. It also improves standard of living. Although it can raise the price of products and services, the zero-rated or exempt categories to ensure that the basic necessities remain cost-effective.

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