Saudi Arabia to pay VAT for a few activities following rate hikes from July 1

Saudi Arabia’s General Authority for Zakat and Income (GAZT) has stated that the Kingdom’s government will pay value-added tax (VAT) on three services and products on behalf of the citizens

The Saudi Government will bear the cost of VAT for the following items;

• Private education
• Purchase of the first house by the citizens where its cost does not exceed $226,597 and
• Healthcare expenses at private health centers

The Kingdom had raised VAT on services and goods from July 1 which saw a considerable increase in the VAT percentages from 5 to 15 percent in order to mitigate the economic impact induced by the coronavirus pandemic.

Taxpayers who wish to obtain additional information about Saudi’s tax regulations and various compliances attached to them can visit the official website of the authority – gazt(dot)gov(dot)sa)

GAZT has also availed the services of a unified call center on the number 19993 along with its official Twitter Customer Care account (@GAZT_CARE) to help taxpayers on the matter.