UAE Nationals Receive Over AED 3.2 Billion in VAT Refunds
Tax incentive supports new residential construction nationwide
Emirati citizens building new homes have received more than AED 3.2 billion in VAT refunds under a government initiative to stimulate residential construction.
Officials say the program encourages long-term investment in the domestic housing sector while offering financial relief to eligible citizens who have completed their projects before the June deadline.
Officials say the program encourages long-term investment in the domestic housing sector while offering financial relief to eligible citizens who have completed their projects before the June deadline.
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