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Dubai’s Parkin to Introduce 5% VAT and End Cash Parking Payments from June 2026
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Dubai’s Parkin to Introduce 5% VAT and End Cash Parking Payments from June 2026
Parkin Company said on Friday that cash payments at parking meters will be phased out from next month in line with Dubai’s Cashless Strategy for 2026 Parkin Company, the largest provider of paid public parking facilities and services in Dubai, on Friday announced the implementation of 5 per cent value-added tax (VAT) from June 1, 2026. Ahead of implementation, and to support a smooth transition, motorists in the UAE are advised to refer to offic…
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