Find out why value-added tax (VAT) is now part of your QuickBooks plan price in Saudi Arabia and the United Arab Emirates.
Intuit Limited is a VAT registered entity in Saudi Arabia and the United Arab Emirates.
As a result, we are required to collect value-added tax (VAT) on your QuickBooks Online subscription.
VAT charges are collected by Intuit on behalf of the government and as such, should not be considered as a price increase. If your business is registered for VAT, you may be able to claim this amount when you file your VAT return.
For customers in Saudi Arabia
From 1 July 2020, the value-added tax (VAT) rate applicable to your QuickBooks Online subscription will rise from 5% to 15%.
What should I do if I’m a customer in the Saudi Arabia?
If you have a VAT registration certificate, you'll need to take action to ensure your VAT Account Number is reflected on your invoice.
To do this:
- Sign in to your QuickBooks Online account.
- Click the gear icon, and then select Account and Settings.
- In the Company name section, click the pencil icon.
- Enter your VAT Account Number in the VAT TIN field.
- Click Save.
When your VAT Account Number is successfully verified, you won't be charged VAT on your QuickBooks Online subscription. If applicable, VAT charges will appear as a separate line item on your invoice. It will be your responsibility to self-assess whether you need to pay VAT for the use of our services.
If your VAT Account Number can't be verified and you determine you need to self-assess VAT on your QuickBooks Online subscription, we encourage you to consult a tax advisor for assistance.
For customers in the United Arab Emirates
The VAT rate applicable to your QuickBooks subscription is 5%.
If you have a Sales Tax Registration (TRN) you'll need to take action to ensure your TRN is reflected on your invoice.
How do I enter my VAT/TRN Registration Number in QuickBooks Online?
If you have a TRN or Sales tax registration, you’ll need to complete these steps for your TRN or Sales tax registration to be reflected on your invoice.
- Select Settings ⚙, then select Account and Settings.
- Select Company name.
- Enter your registration number in the VAT# field.
- Select Save.