The Zakat, Tax and Customs Authority (ZATCA) has extended the Cancellation of Fines and Exemption of Penalties Initiative for taxpayers for six months, until June 30, 2025. The initiative covers penalties for late registration, late payment, late filing of tax returns, value-added tax (VAT) return corrections, violations discovered during field controls, related to e-invoicing, and other general VAT provisions.
To qualify, taxpayers must be registered in the tax system and meet a particular criteria. The initiative excludes fines related to tax evasion, fines already paid before the initiative’s effective date, and fines for returns due after December 31, 2024.
Click ere to Download “Simplified Fines of Cancellation Financial of Exemption and Penalties.“
