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Fines and Financial Penalties exemption for its Taxpayers by ZATCA, Saudi Arabia

The Zakat, Tax and Customs Authority (‘ZATCA’) has re-launched the cancellation of fines and exemption of financial penalties imposed on its taxpayers for a period of six months, starting from 1st of June 2022. This cancellation initiative will come to an end on 30th Nov 2022, due to impact resulting from Covid-19 pandemic on Businesses.

According to tax authorities (as per guidelines), the cancellation of fines, under exemption decision includes the following:

  • Late registration in all tax systems
  • Late payments
  • Late submission of filing of returns
  • Correcting the VAT returns
  • Violation of VAT field control related to e-invoicing regulations
  • Other general regulations

In order to get full benefits or eligible from exemption initiative, the authority has clearly stated below requirements which includes,

  • It is necessary to register for VAT for all non-registered individuals

  • Submit all due returns that have not been submitted previously

  • Disclosure of all taxes that are not clearly disclosed earlier

  • Payment of full tax debt according to the ZATCA approved installment plan

The authority also confirmed that the current initiatives does not include the following:

  • Tax evasion violations

  • Fines paid before initiative effective date

  • Late payment fines related to tax included in the installment payment that is due after the deadline of 30th Nov 2022.

The authority urged all taxpayer to contact them if they have any inquiries in the following manner.

  • Via the unified call center number 199993, available 24/7

  • Through the twitter account @ Zatca…Care

  • Email to info@zatca.gov.sa

  • Instant chat through ZATCA’s website https://zatca.gov.sa

Please note that above exemption is a goodwill gesture of Zatca to Businesses during pandemic times. However, this does not exclude the fact that the business should be compliant with e-invoicing not only for Phase I but also for Phase II which is not far as the deadline of Jan.2023 is approaching soon. So, get a e-invoicing software and stay compliant and avoid last minute hassles.

Get your e-invoicing software free demo today

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