Saudi Arabia increasing VAT rate to 15% from July 1st, 2020

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.