what abu dhabi’s 3 per cent municipality fee means for you
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

What Abu Dhabi’s 3 per cent municipality fee means for you

Arab Today, arab today

Arab Today, arab today What Abu Dhabi’s 3 per cent municipality fee means for you

Abu Dhabi introduced a municipality fee
Abu Dhabi - Arab Today

The Abu Dhabi municipality has confirmed that it will begin imposing its fee on rental contracts this month. This includes a backdated portion from February last year, when the law was introduced. Here is everything you need to know about the fee.
What is the municipality fee?
It is a municipality charge of 3 per cent of the value of an annual rental contract in the emirate of Abu Dhabi. The decision to levy the fee was published in the Official Gazette in February last year. It is to be collected through utility bills issued by the Abu Dhabi Distribution Company.
Who has to pay it?
All expatriate tenants living in the emirate of Abu Dhabi.
Why has it been backdated to February 2016?
That was when the decision was officially made to charge the fee, and by law it needs to be paid from that date. However, there has been a delay in collecting it until now.
Can it be paid in instalments?
The fee is paid in monthly instalments, but the backdated portion must be paid at once.
What if the landlord currently pays the tenant’s ADDC bill?
It is the landlord’s responsibility to pay it, and they can choose to pass on the cost to their tenants at their discretion.
What happens if the tenant / landlord does not pay the fee?
As it is collected by ADDC, any arrears will be dealt with in the normal manner.
What if I own my own property in Abu Dhabi?
Home owners are not required to pay the fee.
What if my rental contract has changed since last February (if, say, you have moved and your rent has since gone up / down)?
The system is able to adjust the fee amount based on the latest contract registered under Tawtheeq.
Will residents who have just exited the country have to pay?
It is charged through your utility bills so it should not affect those no longer living in Abu Dhabi.
Does something similar exist in Dubai?
Dubai imposes a 5 per cent municipal housing fee, also payable through utility bills.
Is VAT on the way to the UAE as well?
In an era of lower oil prices, governments around the region are looking to diversify their sources of income. A GCC-wide Value Added Tax is planned as one possible new revenue stream. The National Bank of Abu Dhabi estimates that the new municipality charge is likely to boost government revenue by about Dh612 million a year. The Abu Dhabi government has also introduced new fees for the tourism sector.

Source: The National

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

what abu dhabi’s 3 per cent municipality fee means for you what abu dhabi’s 3 per cent municipality fee means for you

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

what abu dhabi’s 3 per cent municipality fee means for you what abu dhabi’s 3 per cent municipality fee means for you

 



GMT 09:16 2017 Wednesday ,13 December

Cape wearing tips

GMT 20:49 2017 Monday ,21 August

South Asia floods claim more than 750 lives

GMT 19:06 2016 Saturday ,10 December

IOF Close Al-Nabi Saleh Village's Entrance

GMT 18:01 2017 Wednesday ,22 February

Abu Sayyaf ‘likely’ behind Vietnam freighter attack

GMT 06:41 2017 Sunday ,03 December

Hamas threatens 'intifada' over US moves on Jerusalem

GMT 16:17 2017 Saturday ,21 January

BMW 7 series crosses 5,000 unit mark in 2016

GMT 12:17 2016 Wednesday ,24 February

United Technologies nixes Honeywell merger

GMT 23:37 2017 Monday ,31 July

Saudi Arabia sanctions Hezbollah member

GMT 05:45 2018 Saturday ,29 September

Abdullah bin Zayed hosts official reception in New York

GMT 04:12 2018 Friday ,12 January

Saudi-led coalition says Yemen rebels threat

GMT 11:18 2014 Monday ,22 December

Richard Ward adds to The Chelsea Collection

GMT 21:20 2017 Monday ,06 February

UN resumes food air drops in Deir Ezzor

GMT 22:24 2017 Friday ,15 December

HRH Premier thanked by Cambodian counterpart

GMT 02:11 2017 Monday ,23 October

Oct24/Nov22

GMT 21:31 2017 Monday ,11 December

HM King congratulates Burkinabe President

GMT 20:22 2017 Monday ,23 October

EU deplores attack against police
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday