Gap Fill - VAT - Level 4


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   demand      economy      fifteen      finances      necessary      period      quarter      rate      tax      time  

Paragraph 1

Saudi Arabia will triple the of value added on goods and services. It will rise to 15 per cent. The government said this was because of the effects of coronavirus on the . The pandemic has damaged the oil-rich nation's . Oil prices and for oil have fallen. Saudi started VAT for the first in 2018. Oil revenue this year has fallen by almost a when compared to the same last year.

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