VAT Is Here In The Kingdom And Social Media Has A Lot To Say
VAT is here, folks.
And while the purpose of its implementation is to improve the Kingdom’s progress and prosperity and address challenges in the country, people can’t help but not be excited about it (reasonably so).
And, naturally, people have been talking about it on social media
VAT now in effect at the Kingdom of Saudi Arabia.
— Orlando Gotay (@orlandogotay) January 1, 2018
Companies put up reminders
In line with the application of the Value Added Tax Law (VAT) and regulations, kindly be informed that starting from 01/01/2018, a 5% tax charge will be levied on Integrated Telecom Company’s services. For more information, please visit https://t.co/SSgVFZkkED
— الاتصالات المتكاملة (@ITCSaudiArabia) January 1, 2018
That is a receipt for the books
Paid my first #Saudi #VAT ???? 1 st Jan 2018 pic.twitter.com/MKvUxaRghy
— Muhammad Imran Khan (@imransuperkhan) January 1, 2018
So Amazon has started charging VAT on shipments to Saudi. How exciting.
— Turki AlBallaa (@TurkiAlBallaa) January 1, 2018
And of course there were memes
VAT New Year in Saudi pic.twitter.com/fojqJScqLz
— Sohaib Sandhu (@fooltameez) January 1, 2018
Saudi Arabia steps into a new era with VAT https://t.co/UeTL6D8sMo pic.twitter.com/ZOPkGmYfQU
— Riyadh Vision (@RiyadhVision) January 1, 2018