KSA - Income Tax!

Old Jun 3rd 2020, 5:52 am
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Exclamation KSA - Income Tax!

Has anybody else come across rumours regarding the introduction of personal income tax? If so what is the source?
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Old Jun 3rd 2020, 5:01 pm
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Default Re: KSA - Income Tax!

Originally Posted by HiHo View Post
Has anybody else come across rumours regarding the introduction of personal income tax? If so what is the source?
Not heard that. Can't see it happening right now though what with VAT rising to 15% next month. Too much too soon. A lot of the Saudis I know earning <10,000 a month are really hurting right now.
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Old Jun 4th 2020, 4:56 am
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Default Re: KSA - Income Tax!

Originally Posted by nonthaburi View Post
Not heard that. Can't see it happening right now though what with VAT rising to 15% next month. Too much too soon. A lot of the Saudis I know earning <10,000 a month are really hurting right now.
They won't be the ones paying income tax...
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Old Jun 4th 2020, 8:50 am
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Default Re: KSA - Income Tax!

Originally Posted by HiHo View Post
Has anybody else come across rumours regarding the introduction of personal income tax? If so what is the source?
Just when I thought it couldn't get any worse. I assume the tax costs now will have to get rolled back up into any expat packages to make sure the net income doesn't decrease - the days of the western expat are surely over.
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Old Jun 4th 2020, 9:01 am
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Default Re: KSA - Income Tax!

I'm sure these rumours appear every year or two in each GCC country.
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Old Jun 5th 2020, 6:35 am
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Default Re: KSA - Income Tax!

Related tax increase: https://oilprice.com/Latest-Energy-N...-Revenues.html
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Old Jun 5th 2020, 1:39 pm
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Default Re: KSA - Income Tax!

Originally Posted by csdf View Post
They won't be the ones paying income tax...
If things were only directed at foreigners why the suspension of the cost of living allowances?
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