Saudi Arabia exempts VAT on property deals and sets a new tax at 5%
- October 28, 2020
- Posted by: Aswani
- Category: News
No CommentsSaudi Arabia has exempted VAT for real estate transactions which was 15% and sets a new tax at 5% on property deals. The Saudi finance minister tweeted that the Royal Order….
2 years of VAT in UAE
- February 20, 2020
- Posted by: Aswani
- Category: Blog
Two years have passed since UAE implemented VAT. Even though people were initially sceptical about VAT and its effects on business and their personal purchases..