![DUBAI, UNITED ARAB EMIRATES - Jan 24, 2018.
A woman withdraws cash from Dubai Islamic Bank's ATM in Dubai Mall.
(Photo by Reem Mohammed/The National)
Reporter: Section: NA](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/LLIIJ3XUOTB67P3OOFODF46QX4.jpg?smart=true&auth=5f3825b4ffc3df2be3631e0a1f878b1b70f117a806c5deee04fc54d92d6c4f91&width=400&height=225)
Many banks now declare on their websites that VAT will be charged on fees and services where applicable. Reem Mohammed / The National
Many banks now declare on their websites that VAT will be charged on fees and services where applicable. Reem Mohammed / The National
UAE banks now able to charge VAT on fees
A circular issued by the Central Bank of the UAE allows banks to charge the tax after they were initially barred from doing so in December