VAT’s UP
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VAT’s UP
Bahrain scraps fees on 200 government services
Bahrain has decided to scrap fees on up to 200 government services, it was announced in a cabinet meeting on Monday, according to a report by the Gulf Daily News website.
While the list of services which would now be free was not named in the report or by the cabinet, it was also revealed that an additional 220 government services will be exempted from value-added taxes for Bahraini nationals.
The decision means a total of 1,620 services will now be VAT-exempt for Bahraini citizens.
The decision was ordered by Prime Minister Prince Khalifa bin Salman Al Khalifa following King Hamad’s order to review all tax measures.
VAT was introduced in Bahrain in January 2019 in a bid to diversify and increase government revenues.