Category: Saudi Arabia

Riyadh, 22 July 2018: The General Authority for Zakat and Tax (GAZT) announced that it issues around 500 violations related to improper implementation of VAT against several businesses during its week-long inspection campaign of hotels and furnished apartments in various regions of the Kingdom. GAZT’s field inspection teams conducted inspections in more than 2,000 hotels […]

Riyadh 24 July 2018: The General Authority for Zakat and Tax (GAZT) issued a reminder to all VAT-registered businesses whose annual supply of taxable goods and services equals SAR 40 million or less to file their tax returns for Q2 2018 before the end of July through the GAZT portal (vat.gov.sa). As the VAT Implementing […]

Riyadh, 26 July 2018: The General Authority for Zakat and Tax (GAZT) announced that issues 643 VAT violations against tourist services agencies, restaurants, cafes and shopping centers in various regions of the Kingdom. The violations were issued during field inspection campaigns conducted by GAZT to ensure business’ compliance to VAT’s implementing regulations. The field campaigns, […]

Riyadh, July 30, 2018: The General Authority for Zakat and Tax (GAZT) called on businesses to make use of the guidance materials it made available on the VAT website (VAT.GOV.SA) to help the various sectors and economic activities. Businesses whose annual revenues exceed SAR 375,000 have until December 20, 2018, to register for VAT, and […]

Riyadh, 10 August 2018: As part of its efforts to ensure compliance with VAT’s Implementing regulations, The General Authority for Zakat and Tax (GAZT) announced that it issued 323 VAT-related violations as a result of its field inspection campaign of shopping malls and shops selling mobile phones and electronics in various regions of the Kingdom. […]

Riyadh, 19 August 2018: The General Authority for Zakat and Tax (GAZT) announced that it issued 135 VAT-related violations so far during the intensive inspection campaign it is carrying out during the Hajj season. The campaign, which aims to ensure that businesses comply with the tax regulations, included retail and wholesale stores selling food items, […]

Riyadh, August 28, 2018: The General Authority for Zakat and Tax (GAZT) called on all VAT-registered businesses whose annual revenues from taxable goods and services exceed SAR 40 million to submit their July tax returns before August 31 through the GAZT portal GAZT.GOV. SA. According to the VAT Law and Implementing Regulations, businesses whose annual […]

Riyadh, September 16, 2018: As part of its efforts to ensure compliance with VAT’s Implementing regulations, the General Authority for Zakat and Tax (GAZT) issued 187 VAT-related violations during field campaigns targeting private schools, training institutes, bookstores, stationery stores and uniforms shops. The field campaigns carried out by the inspection teams at the start of […]

Riyadh 17 September 2018: As part of its efforts to ensure compliance of businesses with VAT rules and regulations, the General Authority for Zakat and Tax (GAZT) announced that it issued 112 VAT-related violations during its field inspection campaign on stores selling women’s necessities in Riyadh. The field inspection campaign is the first to be […]