Economy

UAE Cabinet to expand list of excise taxable products in January 2020

Bloomberg/Susana Gonzalez

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The decision is in line with the UAE government's efforts to enhance public health and prevent chronic diseases directly linked to sugar and tobacco consumption.

Wednesday 21, August 2019 BY MUZORIWA KUDAKWASHE

The UAE Cabinet will expand the list of excise taxable products to include sweetened beverages, sugary drinks and electronic smoking devices on 1 January 2020, in a bid to reduce consumption of unhealthy goods and modify consumers’ behaviour, according to local newswire, WAM.

The Cabinet General Secretariat, said, “A tax of 50 per cent will be levied on any product with added sugar or other sweeteners, whether in form of a beverage, liquid, concentrate, powders, extracts or any product that may be converted into a drink.”

Additionally, the Cabinet General Secretariat said that a tax of 100 per cent will be also levied on electronic smoking devices as well as the liquids used in electronic smoking devices.

The UAE introduced excise tax on specific goods in 2017.

TAGS : excise tax, UAE Cabinet, sweetened beverages, sugary drinks, electronic smoking devices

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