VAT
Oman Mulls VAT Move After January 2022 To Shore Up Finances
Middle East Business News - Published date: .
A joint committee of the State Council and Shura Council suggests time frame and sends draft law for approval to Sultan ... Read more
Saudi Arabia Extends Some Stimulus Measures For Business
Middle East Business News - Published date: .
Among the initiatives extended is a pledge to cover 60% of some Saudi salaries in the private sector Read more
Saudi Retailers Report Surge In Sales Ahead Of VAT Increase
Middle East Business News - Published date: .
Shopping malls in the kingdom have drawn large crowds in recent days as retailers offered 'pre-VAT sales' and discounts ... Read more
VAT Implementation In KSA And UAE: A Firsthand Impression
Middle East Business News - Published date: .
Some businesses are yet to fully understand the proper application of VAT on goods and service, writes Nidal Abou Zaki, ... Read more
Emirates NBD Sees UAE Rate Climb Reversing On Tax Giveaway
Middle East Business News - Published date: .
The government probably held as much as $11bn in bank deposits following the introduction of a 5% value-added tax in ear... Read more
Opinion: The Cost Of Failure To Implement VAT In UAE, Saudi Is Higher Than We Think
Middle East Business News - Published date: .
Three challenges stand out, accordinbg to David Stevens, GCC VAT Implementation Partner, EY Read more
Federal Tax Authority Clarifies Liability For VAT
Middle East Business News - Published date: .
Consumers are directly responsible for paying VAT only on contracts that states the amount due is exclusive of tax Read more
Saudi Faces Rise In Inflation On VAT And Fiscal Reforms
Middle East Business News - Published date: .
Price increase to moderate in next 12 months Read more
Saudi Inflation Jumps In January On Price Hikes
Middle East Business News - Published date: .
Rates rose three per cent in January compared to the same period the previous year Read more