It’s the tax deducted at source against payment from resident party to non resident party for services performed The WHT should be paid within the first ten days of the month following the month during which the payment was made WHT is being charged at a rates of 5% , 15% and 20% depending on...
VAT is a multi-stage levy; charged at each stage in the supply chain. It is collected on import and supply of goods / acquisition or rendering of services Businesses pay the government the VAT collected from their customers’ purchases and refund the VAT they paid to their suppliers Saudi Arabia ratified the GCC VAT framework...
Introduction IAS 19 addresses the accounting practices to recognize ‘employee benefits’ expenses and liability in financial statement. The standard requires the recognition of the cost of providing employee benefit in the period when it is earned by the employee; rather than when it is paid or becomes payable. Moreover, IAS 19 gives framework to measure...
Copyright by A & R Consultancy. All rights reserved.
Copyright by A & R Consultancy. All rights reserved.
