KPMG, a leading accounting and consulting firm in the Kingdom, has identified clear cases where VAT-registered businesses in the Saudi market could make a mistake in their VAT filing due to lack of accuracy of invoices or clarity of records and the gaps in tax data. However, the impact of this type of error can be reduced by ensuring the tax and accounting controls and processes are set up to identify and correct mistakes.
Nicholas Soverall, head of VAT at KPMG in Saudi Arabia, said that high fines would encourage taxpayers to improve their accounting systems to manage value-added tax, noting that the businesses may also benefit from the need to transform their systems and processes for VAT.
This could lead to a gradual improvement in processes by targeting all aspects of the business. He saw this as a positive trend for companies.
In a series of three workshops organized by KPMG over the last week in Riyadh, Jeddah and Alkhobar, titled “VAT — A Clearer Perspective,” he stressed the importance of the taxpayer being transparent, enhancing the disclosure culture, and working hard to manage its tax risk — thereby enabling businesses and institutions to maintain profitability and future investment.
The workshops, which were attended by accountants and financial experts from several sectors, presented many views on value-added tax and the readiness of the tax administrators to meet the challenges of managing the new tax including processing the large volume of returns, responding to the numerous tax queries, and looking after the taxpayers’ accounts.
The head of VAT at KPMG in Saudi Arabia highlighted the key features of the application of value-added tax, using several practical examples to encourage taxpayers to analyze their transactions in sufficient detail to ensure that VAT is applied correctly and, where there is doubt, seek support and clarification.
Soverall complimented the efforts made by the General Authority of Zakat and Tax in the Kingdom to prepare taxpayers and consumers for the introduction of the tax. However, this was only the beginning and there was a long way to go before all the tax, accounting and systems issues that have arisen, can be resolved.
KPMG reduces the impact of tax errors for Saudi companies
KPMG reduces the impact of tax errors for Saudi companies
Dammam Airports partners with KaarTech to transform IT services
Dammam Airports, a key player in Saudi Arabia’s aviation sector, has partnered with KaarTech to deliver end-to-end IT managed services across its airport network in the Eastern Province.
This milestone advances Saudi Arabia’s Vision 2030 and strengthens Dammam Airports’ commitment to delivering world-class travel experiences. The collaboration was inaugurated through an official signing ceremony attended by Mohammed Al-Hassany, CEO of Dammam Airports, and Shahinsha Abdul Basheer, CEO of KaarTech, signifying a shared commitment to shaping the future of Saudi Arabia’s aviation through innovation and intelligent technology.
Recognized as one of the world’s largest airports by land area, Dammam Airports connects more than 12 million passengers each year and plays a vital role in strengthening the Kingdom’s aviation growth. With this partnership, the company is set to transform its IT landscape into a secure, scalable, and intelligent environment that supports the complexities of modern airport operations.
KaarTech will manage the complete IT landscape across three airports, covering infrastructure, cloud, and network operations, along with 24/7 service management. This engagement also includes comprehensive application support beyond SAP, enriched with automation, proactive governance, and predictive intelligence. KaarTech will enable Dammam Airports to achieve resilience, efficiency, and long-term scalability through a comprehensive AI governance approach that embeds transparency, accountability, and innovation into every layer of IT operations, positioning the company as a trusted driver of aviation modernization.
This partnership aims to transform IT from a back-end function into an AI-enabled strategic driver of business performance and passenger experience. From ensuring business continuity and strengthening operational reliability to enabling connected, insight-driven airport services, the collaboration reflects a shared commitment to data-driven, intelligent, and sustainable aviation.
Through this engagement, KaarTech reaffirms its position as a trusted partner in AI-led enterprise transformation, delivering deep expertise in managing complex technology ecosystems with intelligence and precision. For Dammam Airports, the partnership represents a decisive step in aligning operational excellence with the national vision for innovation, digital connectivity, and long-term growth.
Together, the two organizations will drive smarter airport operations and deliver sustainable value for the Kingdom’s growing aviation ecosystem.
