Zakat, Tax and Customs Releases Simplified Guide on VAT

The Zakat, Tax and Customs Authority launched a simplified guide amending the tax treatment of supplies made by establishments for a government entity, in accordance with the government competition and procurement system, after the authority’s board of directors issued a recent decision approving the amendment of the provisions of Article (20) of the implementing regulations for value-added tax, especially determining the date of supply and the tax due, in specific cases.

The simplified and concise version, comes in eight pages, and includes the definition of the decision and the categories subject to it, with a simplified explanation of the new mechanism, and the entry into force of the decision, which is scheduled for the first of next November.

In addition to the tax return form for companies, according to the new amendment, as well as fines and the scope of application.

The launch of the guide in its simplified form by the Zakat, Tax and Customs Authority comes with the aim of facilitating taxpayers from the business sector who have contracts with government agencies and institutions.

The “Zakat, Tax and Customs” called on all those interested in viewing the guide by clicking here, and also called on those wishing to obtain more information regarding these amendments, to contact through the unified call center number (19993), operating 24 hours a day, 7 days a week, or via the e-mail info@zatca.gov.sa or the “Ask Zakat, Tax and Customs” account on Twitter (@Zatca_Care), or through instant conversations via the authority’s website (zatca.gov.sa).