The Hurricane VAT..

The Implementation of VAT Is a big alarm for the middle Class in UAE. Especially the middle class will feel the pinch. Increasing in the cost of everyday life supplies is expected to compel the people to think for other options of living because the main reason to live in this part of the world is to feed Nest Egg, but after the VAT it will not be possible. To elaborate I can say that a vast amount of people started planning to shift their families back to home especially families having school going children. The major increase in transportation cost, stationary cost, and extracurricular activity will be moving far away from reach of the middle class who is not making a mint. The average monthly expenditure like electricity bills internet connection will also be creating the Burdensome for the average salaried person.

Whereas business class will not that much be affected by the VAT, the reason behind that they will be charging this excess amount from the customer and most of the merchandisers have already increased their prices and after VAT it will be coin it in.