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15% of VAT is entering the execution phase in Saudi Arabia

Today (Wednesday, the first of July), the decision to raise the value-added tax rate to 15% took effect on all goods and services subject to it in the commercial markets.

The General Authority of Zakat and Income called all taxpayers registered in VAT to verify the readiness of their facilities and get to know the General Authority of Zakat and Income Tax.

All transitional provisions related to raising the tax rate, from
During the review of the guide for transitional provisions related to raising the value-added tax rate, through the official website of VAT.

General Authority of Zakat & Tax imposes the citizens and residents to ensure the elements of the tax invoice, which include the store name, date of purchase, tax number, and value-added tax box.

The authority encourages the consumers to cooperate with the Zakat Authority and report any violating facility in the event that these elements are not available, through the authority’s website or via VAT application in smartphones.

It also supported the taxpayers wishing to obtain more information about the tax regulations in the Kingdom and compliance with its provisions, to visit the official website of the authority or communicate with the authority through the unified call center on the number (19993), or through the authority’s account for customer care in Twitter (@ GAZI CARE).

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