Universal value-added tax calculator
From the 1st of February, 2022 Poland is reducing VAT for food and some goods.
Polish Government wanted to implement this reduction earlier, but with over 1.5 million cash registers in Poland it was decided to postpone reduction until February. It will give some time for cash registers’ software update.
Continue reading “Poland temporary reduces VAT from 1st of February, 2022”
Due the COVID-19 crisis from 1st of July, 2020 Saudi Arabia will raise its Value Added Tax rate from 5% to 15%.
Saudi Arabia government already suspended cost of living allowance from 1st of June, 2020. This allowance was introduced in 2018 to help offset Value Added Tax.
United Arab Emirates announced it will not follow Saudi Arabia’s increase of VAT in UAE.
Saudi Arabia VAT Calculator was adjusted accordingly and now you can calculate 15% Value Added Tax in Saudi Arabia.