Saudi tax authority conducts 1,335 inspections to protect VAT system

The number of shops penalized for tax violations has reached 42. (AFP)
Short Url
Updated 25 May 2020

Saudi tax authority conducts 1,335 inspections to protect VAT system

RIYADH: The General Authority for Zakat and Tax (GAZT) has implemented an extensive inspection campaign to shops in the retail sector, the Saudi Press Agency reported.

It aims to ensure the commitment of shop owners to the value-added tax (VAT) system and the implementation of its regulations, and the non-implementation of the tax’s updated value before schedule.

In cooperation with the Ministry of Commerce, GAZT has implemented 1,335 inspection visits, with the participation of all the authorities’ branches in different regions since the announcement of increasing the VAT to 15 percent from 5 percent on May 11.

The number of shops penalized for tax violations has reached 421, and violations varied from not keeping records, documents and tax invoices to failing to collect VAT.

GAZT called on owners of commercial enterprises to commit to the scheduled date to implement the new VAT of 15 percent on products and services, starting July 1, 2020. It stressed that its inspection campaigns will continue in markets and shops to ensure the commitment of people responsible for tax regulations in the Kingdom.

GAZT called on all consumers to report any enterprises that implement the new VAT before its due date on the authority’s official website gazt.gov.sa through the unified number 19993 or the VAT’s special app.

GAZT had issued an instruction manual for transitional provisions related to increasing the original VAT to 15 percent, available on the authority’s official website.
 


KSRelief dispatches help for Lebanese medical teams treating explosion victims 

Updated 05 August 2020

KSRelief dispatches help for Lebanese medical teams treating explosion victims 

RIYADH: The King Salman Humanitarian Aid and Relief Center (KSRelief) has assisted Lebanese medical teams treating victims of the Beirut explosion on Tuesday.

Emergency teams from the Souboul Al Salam Relief Team, which is funded by KSRelief, went from north of Lebanon to Beirut to support medical teams on the ground. 

Another team from Al-Amal Medical Center, also funded by KSRelief, provided emergency health care services and started a blood donation campaign to meet the demand of Beirut hospitals.

Opinion

This section contains relevant reference points, placed in (Opinion field)

The prime minister of Lebanon, which is already struggling with an economic crisis and battling COVID-19, has made a desperate plea for help following Tuesday’s deadly explosions.
Kuwait said it has delivered medical aid and other essentials by a military plane on Wednesday morning.
The World Health Organization and the International Federation of Red Cross and Red Crescent Societies were sending 40 tonnes of medical supplies, including personal protective equipment to Beirut on a flight paid for by Dubai-based International Humanitarian City, a hub for humanitarian emergency preparedness and response, a WHO representative said.
"We are offering medical trauma kits and surgical kits containing things such as syringes, bandages and surgical gowns," said Nevien Attalla, operations manager for the WHO's Dubai hub.

*With agencies