Riyadh: The Zakat, Tax and Customs Authority (ZATCA) has urged businesses subject to Value Added Tax (VAT), whose annual supplies of goods and services exceed SAR40 million, to submit their tax returns for October no later than November 30.
According to Saudi Press Agency, ZATCA has emphasized the importance of timely submission of tax returns through its website, zatca.gov.sa, or via the ZATCA mobile app to avoid incurring late-filing penalties. These penalties are stipulated to be between a minimum of 5% and a maximum of 25% of the due tax amount.
Businesses requiring further information about VAT have multiple channels to reach ZATCA. They can contact the authority through its 24/7 call center at 19993, utilize the “Ask Zakat, Tax and Customs” account on X (@Zatca_Care), send an email to [email protected], or use the live chat feature available on ZATCA’s website, zatca.gov.sa.
VAT is an indirect tax applied to most goods and services supplied or acquired by businesses within the Kingdom, with a few exc
eptions.