In its effort to make the VAT process easier on its citizens, a couple of months ago, Saudi launched an app called “VAT App,” in order to make TAX related transactions easier and clearer.
The app has been downloaded 1.4 million times to date through the Apple Store and Google Play, according to Thomson Reuters Zawya.
Preparing for the Ramadan shopping spree, the General Authority for Zakat and Tax (GAZT) urged consumers to use the VAT App when purchasing goods and services, reported Saudi Gazette, a Saudi daily.
Beware of the frauds
GAZT said to verify that the businesses they are dealing with are registered in the VAT system, to avoid any dealings with tax frauds.
People can also report cases of tax fraud, through an option found in the VAT App, GAZT added.
In addition, the app enables users to quickly calculate the VAT amount on goods and services.
GAZT also reminded consumers to make sure they receive approved standard VAT invoices upon making purchases from a VAT-registered business.
Such invoices must mention the tax amount, tax identification number, in addition to which items are subject to the standard 5% VAT or are zero-rated.
This application is easy to use, with several options to facilitate operations.
It enables customers to easily verify whether or not a business is registered in VAT by simply taking a photo of the QR Code on the VAT certificate or entering the commercial registration or the 15-digit tax identification number of the invoice.
Consumers may also make inquiries or report fraud through GAZT’s hotline (19993) during Ramadan over two shifts, from 10:00 a.m. to 5:00 p.m. and from 8:00 p.m. to 2:00 a.m. 7 days a week.