VAT Calculator Oman (5%)

Beyond the standard rate there is a zero rate and an exempt list. Zero-rated supplies include food items named by a Chairman's decision, medicines and medical equipment, investment gold, silver and platinum, international and intra-GCC transport and related services, commercial means of transport, rescue aircraft and boats, and oil, oil derivatives and natural gas (VAT Law, Art. 51). Exports of goods and services supplied to customers with no residence in the GCC and used outside it are also zero-rated, and so is an exempt supply made to outside the GCC (Arts. 52-53).

Exempt supplies are financial services, healthcare, education, undeveloped land, resale of residential property, local passenger transport and rental of residential property (Art. 47). The difference matters: input VAT is recoverable on zero-rated supplies but not on exempt ones.

Prices shown to consumers should include VAT. Where a business displays tax-inclusive prices, the VAT inside is the price multiplied by the rate and divided by 100% plus the rate (Executive Regulations, Art. 41), and failing to show prices inclusive of tax can lead to an administrative penalty of OMR 1,000 to 10,000 (Art. 203).