Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA) has urged businesses subject to Value Added Tax (VAT), whose annual supplies of goods and services exceed SR40m ($10.6m), to submit their tax returns for November no later than December 31.
ZATCA urged businesses to submit their tax returns on time through its website, zatca.gov.sa, or via the ZATCA mobile app to avoid a late-filing penalty.
These penalties range from a minimum of 5 per cent to 25 per cent of the due tax amount.
Saudi VAT fines
VAT is an indirect tax levied on most goods and services supplied or acquired by businesses in the Kingdom, with certain exceptions.
Businesses seeking further information about VAT can contact ZATCA through:
- Phone: 19993
- X: @Zatca_Care
- Email: [email protected]
- Online: www.zatca.gov.sa
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