VAT’s UP

KSA: Taxpayers Exempt from Fines and Penalties for 6 months

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Riyadh June 1, 2022:

Zakat, Tax and Customs Authority (ZATCA) announced the launch of an initiative to waive fines and penalties for tax payers. The exemption will remain applicable for a 6-month period starting from 1 June 2022 till 30 November 2022.

The fines include delay in registration, late payment, report submissions and other general provisions related to VAT. However, the initiative doesn’t include fines related t tax evasion and fines that had to be paid before the launch of the initiative.

ZATCA has requested taxpayers to fully review the initiative through the simplified guideline available on its website. It includes a detailed explanation of the most important aspects of the decision, the types of penalties and the conditions that apply for benefiting from the exempt fines.

The Authority has urged all taxpayers to benefit from the initiative before it ends on November 2022. Any queries in this regards can be clarified by:

  • Dialing their call center number 19993
  • Or through their twitter account @Zatca Care
  • Or sending an e-mail to info@zatca.gov.sa.

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