Value Added Tax (VAT) law comes into force in Oman on April 16, 2021. Oman will apply VAT at 5% on most goods and services, with exceptions for essential food items, medical care, education and financial services. 94 food items exempted from VAT include milk, meat, fish, poultry, fresh eggs, vegetables and fruits, coffee and tea, olive oil, sugar, nutritional products for children, bread, bottled drinking water and salt.
When VAT comes into force, all businesses has to be compliant with the Law. Using a fully compliant software like Saleculator POS will get you out of the Tax and other related issues! We make VAT Compliance easier for your business transactions with our inbuilt Tax and Reports generators.
Our business partners in Oman can be rest assured of flawless Tax compliant transactions and stay pace with latest updates and trends in their competent market arena! So what are you waiting for just go ahead and give it a try with our 30 days free trial version!
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