VAT

What is VAT ?
Value Added Tax (or VAT) is an indirect tax imposed on all goods and services that are bought and sold by businesses, with a few exceptions. VAT is applied ...
Mon, 25 Mar, 2019 at 6:51 PM
What is the VAT rate ?
VAT will be introduced at a standard rate of 15%.
Wed, 1 Jul, 2020 at 12:13 AM
Who is going to pay VAT ?
The consumer pays the VAT cost on purchased goods and services. Businesses pay the government the VAT collected from their customers’ purchases and refund th...
Mon, 25 Mar, 2019 at 6:53 PM
Introduction of value added tax (VAT) in the Kingdom of Saudi Arabia
Part of KaafMeem responsibility of keeping you updated in regard to the continuous changes in the market. We would like to inform you that the Value Added T...
Wed, 1 Jul, 2020 at 12:27 AM