The Saudi Government Has Confirmed VAT Won’t Be Implemented On Rent Which Is Good News For All Of Us
The Saudi VAT ( value added tax) will not be applied on house rents, residential lease, personal residential property for sale and government services.
Also, Indirect tax will not be salaries but on goods and other services, according official channels.
The Saudi VAT twitter account carefully educates about how prices will reflect when VAT implemented.
Recommended
Mufti Menk Was Spotted Having The Best Time During A Recent Visit To Madinah
Saudi To Host First-Ever Olympic Esports Games Next Year!
5 Delicious Cafes In Riyadh You Need To Try This Summerلن يتم تحصيل ضريبة القيمة المضافة على الإيجارات السكنية pic.twitter.com/TtaYLLPxK8
— ضريبة القيمة المضافة (@saudivat) October 15, 2017
لا يخضع بيع العقار السكني الشخصي لضريبة القيمة المضافة pic.twitter.com/iOl6iBLe99
— ضريبة القيمة المضافة (@saudivat) October 17, 2017
Saudi VAT is responsible for releasing and upgrading information regarding the Value Added Tax that will be on goods and services in Saudi for the first time from January 2018.
The standard rate will be 5 percent on some goods and services.
Are you worried your shopping and utility bills will increase?
#ضريبة_القيمة_المضافة هي ضريبة غير مباشرة لا تفرض على الرواتب بل على السلع والخدمات pic.twitter.com/SURLIzFC2T
— ضريبة القيمة المضافة (@saudivat) October 12, 2017
