ZATCA Urges Taxpayers to Take Advantage of Fines Cancellation, Financial Penalties Exemption Initiative, which Ends on December 31
The Zakat, Tax and Customs Authority (ZATCA) has urged taxpayers to take advantage of the "Cancellation of Fines and Exemption of Financial Penalties Initiative", which ends on December 31, 2023.
According to ZATCA, as per the initiative, taxpayers are exempted from fines for late registration, delayed payment, overdue tax return filing, VAT return adjustment, and violations of e-invoicing and general provisions of VAT.
To be eligible for exemption, ZATCA said that taxpayers must be registered in the tax law, file all tax returns with ZATCA, and settle all pending tax returns. Due taxes may be paid in installments if a request is submitted to ZATCA within the period the initiative is valid, provided that any outstanding installments are paid on the due dates set by ZATCA.
The exemption initiative does not include fines for tax evasion and fines paid prior to the effective date of this initiative, ZATCA underscored.
Taxpayers may read the Simplified Guide on ZATCA's website for details of the initiative. The information provided includes a detailed explanation of the highlights stated in the decision extending the initiative, such as types of fines included, terms of exemption, installment plans for financial dues, and examples of violations included in the initiative.
Taxpayers may contact the authority for any inquiry via its 24/7 call center hotline number: 19993, customer care X account: @Zatca_Care, e-mail: firstname.lastname@example.org, or instant messages on ZATCA's website: zatca.gov.sa.