The General Authority for Zakat and Income (GAZT) has announced that the state will bear VAT on three services & products on behalf of citizens in the kingdom of Saudi Arabia.
Private Education, Buying First House & Private Health Centers are the three services where the cost does not increase more than 850,000 Saudi Riyals as per GAZT.
VAT was increased from 5% to 15% starting 1st of July due to the impact on Saudi economy due to pandemic COID-19 situation
VAT to be borne by the State for the above mentioned three services in KSA
The GAZT has invited taxpayers wishing to obtain more information about tax regulations in the Kingdom and to comply with their provisions, to visit the official website of the authority (gazt.gov.sa), or to communicate with the authority through the unified call center on the number (19993), or via Twitter’s Customer Care account of the authority (@GAZT_CARE).
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