The Saudi Government, vide its Official twitter account, has clarified that no Value Added Tax (VAT) would be levied on the house rent and Government services in Saudi Arabia.
Some of the governmental services not adherent to the VAT include passport and driver’s license renewal.
The Saudi Arabia has decided to switch to the VAT regime from next year January onwards and will be the first GCC member state to implement VAT levies in January 2018.
The standard VAT rate will be five per cent, with a nil VAT rate for some goods.
