21 Hrs
Source:
الاتحاد
48,000 Tax Refunds for Housing Projects
Data from the Federal Tax Authority shows a significant increase in the number of approved requests for VAT refunds related to the construction of citizens' homes in the UAE. Since the service was launched in 2018 up to June 2026, there have been over 48,000 applications with an approximate value of 3.9 billion dirhams. With ongoing development and simplified procedures through the digital platform, the number of requests has experienced annual growth, increasing by 27.5% in the number of applications and by 24.1% in the refunded amounts during the first half of 2026 compared to the previous year. This reflects heightened awareness and government facilitation in supporting citizens to build their homes, as well as the growth in approved requests over recent years.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)