How convenient is the imposition of value added tax : perceptions of businesses in the United Arab Emirates

Abstract

A tax policy should meet the fundamental principles of a good tax system, which includes convenience. The study explores whether United Arab Emirates (UAE) businesses acting as collecting agents, perceive the imposition of value added tax ('VAT') to be convenient. Prior studies focused on the perceptions of consumers only. Data collected by way of online questionnaires were analysed electronically and the results indicate that businesses perceive VAT in the UAE to be imposed in a manner and at a time convenient to them. In addition, the study provides valuable insight that May lead to suggestions for improved VAT administration and compliance, resulting in maximum revenue collection and improved taxpayer experience.