{"id":417,"date":"2017-01-31T15:02:59","date_gmt":"2017-01-31T15:02:59","guid":{"rendered":"https:\/\/saudiexpatriate.com\/?p=417"},"modified":"2017-01-31T15:02:59","modified_gmt":"2017-01-31T15:02:59","slug":"value-added-tax-vat-works-saudi-arabia","status":"publish","type":"post","link":"https:\/\/saudiexpatriate.com\/value-added-tax-vat-works-saudi-arabia\/","title":{"rendered":"How does Value Added Tax (VAT) works in Saudi Arabia"},"content":{"rendered":"<p>Introduction of VAT in Saudi Arabia from 2018 as per the Saudi Finance Minister will bring few changes and increased prices moving forward.<\/p>\n<p>All the GCC Countries have already agreed along with King Salman for VAT to be applied.<\/p>\n<p><strong>Get More Details about<\/strong> <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/saudiexpatriate.com\/value-added-tax-vat-applied-gcc-states\/\"><strong>VAT in Saudi Arabia here<\/strong><\/a><\/span>.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" data-expand=\"600\" class=\"lazyload alignnone size-full wp-image-418 aligncenter\" src=\"data:image\/svg+xml;charset=utf-8,%3Csvg xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg' viewBox%3D'0 0 588 310'%2F%3E\" data-src=\"https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2017\/01\/How-does-Value-Added-Tax-VAT-works-in-Saudi-Arabia-SaudiExpatriate.com_.jpg\" alt=\"How does Value Added Tax (VAT) works in Saudi Arabia-SaudiExpatriate.com\" width=\"588\" height=\"310\" \/><\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Know how VAT will work in Saudi<\/strong><\/span><\/p>\n<ul>\n<li>A trader registered for VAT effectively pays VAT only at one stage when he sells his goods<\/li>\n<li>This tax is the only amount has an effect on his selling price which includes VAT<\/li>\n<li>The VAT that he has paid as a part of his purchase price is charged on him by his suppliers<\/li>\n<li>This is not a cost to him because he gets it back by deducting it from tax on his sales (Output Tax)<\/li>\n<li>Therefore, VAT should have a minimum impact on his selling prices<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Introduction of VAT in Saudi Arabia from 2018 as per the Saudi Finance Minister will bring few changes and increased prices moving forward. All the GCC Countries have already agreed [&hellip;] <a class=\"g1-link g1-link-more\" href=\"https:\/\/saudiexpatriate.com\/value-added-tax-vat-works-saudi-arabia\/\">More<\/a><\/p>\n","protected":false},"author":1,"featured_media":418,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[2],"tags":[206,205],"adace-sponsor":[],"class_list":{"0":"post-417","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-saudi-arabia-news","8":"tag-how-vat-works-in-saudi","9":"tag-what-is-value-added-tax-in-saudi"},"uagb_featured_image_src":{"full":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2017\/01\/How-does-Value-Added-Tax-VAT-works-in-Saudi-Arabia-SaudiExpatriate.com_.jpg",588,310,false],"thumbnail":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2017\/01\/How-does-Value-Added-Tax-VAT-works-in-Saudi-Arabia-SaudiExpatriate.com_-150x150.jpg",150,150,true],"medium":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2017\/01\/How-does-Value-Added-Tax-VAT-works-in-Saudi-Arabia-SaudiExpatriate.com_-300x158.jpg",300,158,true],"medium_large":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2017\/01\/How-does-Value-Added-Tax-VAT-works-in-Saudi-Arabia-SaudiExpatriate.com_.jpg",588,310,false],"large":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2017\/01\/How-does-Value-Added-Tax-VAT-works-in-Saudi-Arabia-SaudiExpatriate.com_.jpg",588,310,false],"bimber-grid-xs":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2017\/01\/How-does-Value-Added-Tax-VAT-works-in-Saudi-Arabia-SaudiExpatriate.com_.jpg",182,96,false],"bimber-grid-xs-2x":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2017\/01\/How-does-Value-Added-Tax-VAT-works-in-Saudi-Arabia-SaudiExpatriate.com_.jpg",364,192,false],"bimber-grid-standard-2x":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2017\/01\/How-does-Value-Added-Tax-VAT-works-in-Saudi-Arabia-SaudiExpatriate.com_.jpg",588,310,false],"bimber-list-s":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2017\/01\/How-does-Value-Added-Tax-VAT-works-in-Saudi-Arabia-SaudiExpatriate.com_.jpg",265,140,false],"bimber-list-s-2x":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2017\/01\/How-does-Value-Added-Tax-VAT-works-in-Saudi-Arabia-SaudiExpatriate.com_.jpg",531,280,false],"bimber-grid-2of3":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2017\/01\/How-does-Value-Added-Tax-VAT-works-in-Saudi-Arabia-SaudiExpatriate.com_.jpg",588,310,false],"menu-24x24":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2017\/01\/How-does-Value-Added-Tax-VAT-works-in-Saudi-Arabia-SaudiExpatriate.com_.jpg",24,13,false],"menu-36x36":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2017\/01\/How-does-Value-Added-Tax-VAT-works-in-Saudi-Arabia-SaudiExpatriate.com_.jpg",36,19,false],"menu-48x48":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2017\/01\/How-does-Value-Added-Tax-VAT-works-in-Saudi-Arabia-SaudiExpatriate.com_.jpg",48,25,false],"web-stories-poster-portrait":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2017\/01\/How-does-Value-Added-Tax-VAT-works-in-Saudi-Arabia-SaudiExpatriate.com_.jpg",588,310,false],"web-stories-publisher-logo":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2017\/01\/How-does-Value-Added-Tax-VAT-works-in-Saudi-Arabia-SaudiExpatriate.com_.jpg",96,51,false],"web-stories-thumbnail":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2017\/01\/How-does-Value-Added-Tax-VAT-works-in-Saudi-Arabia-SaudiExpatriate.com_.jpg",150,79,false],"bimber-grid-standard":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2017\/01\/How-does-Value-Added-Tax-VAT-works-in-Saudi-Arabia-SaudiExpatriate.com_.jpg",364,192,false]},"uagb_author_info":{"display_name":"shafprince","author_link":"https:\/\/saudiexpatriate.com\/author\/shafprince\/"},"uagb_comment_info":0,"uagb_excerpt":"Introduction of VAT in Saudi Arabia from 2018 as per the Saudi Finance Minister will bring few changes and increased prices moving forward. All the GCC Countries have already agreed [&hellip;] More","wps_subtitle":"","_links":{"self":[{"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/posts\/417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/comments?post=417"}],"version-history":[{"count":0,"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/posts\/417\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/media\/418"}],"wp:attachment":[{"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/media?parent=417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/categories?post=417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/tags?post=417"},{"taxonomy":"adace-sponsor","embeddable":true,"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/adace-sponsor?post=417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}