General Authority for Zakat and Income gears up on mutual agreements with ministries to enforce VAT

Updated 19 November 2017
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General Authority for Zakat and Income gears up on mutual agreements with ministries to enforce VAT

JEDDAH: The General Authority for Zakat and Income (GAZI) is geared to sign a cooperation deal with the Ministry of Municipal and Rural Affairs following similar agreements with the Ministry of Labor and Social Development and the Customs Department in the context of its preparations to enforce the value added tax (VAT) on Jan. 1, 2018.

Meanwhile, the governor of GAZI, Suhail Abanami said the authority seeks to sign these deals to encourage government agencies to register and achieve the required preparedness before the launch of the VAT system, and provide all means of support and quality services in this regard.

Government agencies have many steps to undertake in preparation for the application of the VAT system and, therefore, GAZI exerts its best to support agencies and upgrade their efficiency, he said.

The GAZI governor urged qualified government establishments, whose annual revenues exceed SR1,000,000 ($266,649), to register for the VAT system before Dec. 20, 2017 through the website vat.gov.sa

For his part, the spokesman for the Ministry of Municipal and Rural Affairs, Hamad Al-Omar, lauded the efforts being exerted by the authority to ensure the application of the VAT system, adding that they were working smoothly with GAZI to serve the national interests.


Saudi leadership condole with Khashoggi’s family and relatives

Updated 22 October 2018
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Saudi leadership condole with Khashoggi’s family and relatives

  • King Salman and Crown Prince Mohammed bin Salman talked with the son of the late journalist on Sunday

JEDDAH: Saudi Arabia’s King Salman and Crown Prince Mohammed bin Salman have extended their condolences to the family and relatives of the late journalist Jamal Khashoggi, the Saudi Press Agency reported early Monday.
King Salman expressed his deepest sympathy in a telephone call Sunday to Salah Jamal Khashoggi, the son of the 59-year-old journalist, who died in Istanbul early this month.
The crown prince also condoled with Salah Jamal Khashoggi by phone, the SPA said.
Khashoggi's son thanked the king and the crown prince, the report added. 

Saudi Foreign Minister Adel Al-Jubeir earlier said that the death of Khashoggi was the result of a “rogue operation” by people acting beyond the scope of their authority.