15% VAT hike comes into effect in Saudi
The authority also urged citizens and residents to ascertain the items of the tax invoice, including store name, date of purchase, tax number, and VAT, calling for cooperation with and reporting any violation business if these elements are not available, through its website and app.
Saudi Arabias decision to raise the value-added tax (VAT) rate to 15 per cent came into effect on Wednesday on all goods and services subject to it in markets across the Kingdom, Photo: Pixabay