Impact of 15% Vat on Prices in Saudi Arabia

VAT rate will be increased in Saudi Arabia from 01-July-2020 from 5% to 15%. Value added tax of 5% was introduced by the authorities back in 01-Jan-2018. It remained at same rate till 30-June-2020.

Below is a comparison of prices before and after 15% Vat is applied. For simple understanding, figures are rounded to nearest amount. This is just for information purposes. Actual new prices may vary depending on your on-site transactions. Thanks

What you buy today inWill become when 15% Vat
55.5
1011
1516.4
2021.9
3032.9
5054.8
7582.1
100109.5
150164.3
200219
300328.6
500547.6
750821.4
10001095.2
15001643
20002190
25002738
30003285
50005476
10,00010,952
15,00016,428
30,00032,857
50,00054,762
75,00082,143

Note: if you are unable to understand this price comparison. You can take a look at this spreadsheet / excel file for better understanding this.

Understanding 15% Vat Excel Sheet

Written by 

Yasir Imran is a Pakistani national living in Saudi Arabia since 2004. He writes because he want to express his thoughts and share his knowledge about expatriate issues in Saudi Arabia.