- Extension of Grace Period: The Zakat, Tax and Customs Authority (ZATCA) has extended its cancellation of fines and penalties initiative for an additional six months, effective from July 1, 2025, to December 31, 2025.
- Eligibility Criteria: To benefit from the initiative, taxpayers must be registered under relevant tax laws, submit any outstanding VAT returns, and pay all principal tax debt related to those returns. Taxpayers can also request installment payment plans and should consult the guidelines on ZATCA’s website for more details.
- Exclusions from the Initiative: The exemption does not apply to tax evasion violations, penalties that have already been paid before the start of the exemption period, or penalties for VAT returns submitted after June 30, 2025.
Source Pagero
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
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