Logo ofThe Zakat, Tax and Customs Authority (ZATCA)
The Zakat, Tax and Customs Authority (ZATCA) decided to extend the initiative of fine and penalty exemption for six months until June 30, 2025.
The fines covered by the exemption decision include fines for late registration in all tax systems, late payment, late filing of returns in all tax systems, and fines to correct VAT returns, as well as fines for violations of VAT field control related to applying the e-invoicing regulations and other general regulations, according to The Saudi Press Agency.
ZATCA pointed out that in order to benefit from the initiative, the taxpayer must be registered in the tax system and submit all required declarations that have not been previously submitted. In addition, the taxpayer must disclose all unreported taxes accurately, and pay the full principal tax debt related to the declarations that will be submitted or amended to correctly disclose the outstanding tax liabilities.
Taxpayers may also apply to ZATCA for installment payments, provided that the application is made during the validity of the initiative, and all due installments are paid on time according to the approved installment plan by the Authority.
The Authority highlighted that the initiative does not include fines related to tax evasion violations, fines that have already been paid before the effective date of this initiative, and fines related to declarations that are due to be submitted to the Authority after Dec. 31, 2024.
ZATCA encouraged taxpayers to review the details of the initiative and the provisions it includes through the simplified guide available on its website. The guide provides a detailed explanation of the key elements of the exemption decision, including clarifying the types of fines covered, the conditions for benefiting from exemptions related to each fine type, the steps for installment payments of financial dues, and a description of the field control violations covered by the initiative, with illustrative examples.
ZATCA urged all taxpayers to take advantage of the extension of the initiative within the specified period.
Logo ofThe Zakat, Tax and Customs Authority (ZATCA)
The Zakat, Tax and Customs Authority (ZATCA) decided to extend the initiative of fine and penalty exemption for six months until June 30, 2025.
The fines covered by the exemption decision include fines for late registration in all tax systems, late payment, late filing of returns in all tax systems, and fines to correct VAT returns, as well as fines for violations of VAT field control related to applying the e-invoicing regulations and other general regulations, according to The Saudi Press Agency.
ZATCA pointed out that in order to benefit from the initiative, the taxpayer must be registered in the tax system and submit all required declarations that have not been previously submitted. In addition, the taxpayer must disclose all unreported taxes accurately, and pay the full principal tax debt related to the declarations that will be submitted or amended to correctly disclose the outstanding tax liabilities.
Taxpayers may also apply to ZATCA for installment payments, provided that the application is made during the validity of the initiative, and all due installments are paid on time according to the approved installment plan by the Authority.
The Authority highlighted that the initiative does not include fines related to tax evasion violations, fines that have already been paid before the effective date of this initiative, and fines related to declarations that are due to be submitted to the Authority after Dec. 31, 2024.
ZATCA encouraged taxpayers to review the details of the initiative and the provisions it includes through the simplified guide available on its website. The guide provides a detailed explanation of the key elements of the exemption decision, including clarifying the types of fines covered, the conditions for benefiting from exemptions related to each fine type, the steps for installment payments of financial dues, and a description of the field control violations covered by the initiative, with illustrative examples.
ZATCA urged all taxpayers to take advantage of the extension of the initiative within the specified period.
