Saudi triples their VAT to 15%
However, UAE doesn't plan to increase VAT
But still, its a sign in what a big crisis this region in case anyone is planning to relocate there you should always keep this in mind that laws basically can change over night.
Saudi Arabia to raise VAT to 15% as kingdom takes measures to buttress economy, finance minister says
The kingdom is increasing the consumption tax from 5% and is suspending the cost of living allowance as of June
www.thenational.ae
However, UAE doesn't plan to increase VAT
UAE: No Plans to Increase VAT Rate - Gulf Insider
UAE has no plans to increase its VAT (value-added tax) rate, the country's finance minister said aft
www.gulf-insider.com
But still, its a sign in what a big crisis this region in case anyone is planning to relocate there you should always keep this in mind that laws basically can change over night.