Saudi Arabia removes private education from VAT
- Jan 13, 2018 | Richard Asquith
Saudi Arabia has reclassified privately provided education as zero-rated for VAT from standard rated. The change will match the classification of non-state supplied education used in most other countries with a VAT regime.
The Royal Kingdom of Saudi Arabia introduced 5% VAT on 1 January 2018, along with its partner Gulf Cooperation Council country, UAE. Four other GCC states are committed to launch VAT.