Latest news with #ZATCA
Arabian Business
a day ago
- Business
- Arabian Business
Saudi Arabia tax fine waiver to end this month
Saudi Arabia has given taxpayers until the end of this month to make use of a waiver on tax fines. The Zakat, Tax and Customs Authority (ZATCA) has called on all taxpayers subject to tax regulations to take advantage of the cancellation of fines and exemption from financial penalties initiative, which ends on June 30, 2025. ZATCA clarified that the initiative includes exemptions from fines related to late registration across all tax systems, late payments, and the late filing of returns. Saudi tax fine waiver It also covers fines for correcting value-added tax (VAT) returns, violations identified during field inspections related to electronic invoicing, and other general provisions under the VAT system. To benefit from the initiative, ZATCA states taxpayers must be registered in the tax system, submit all required returns, and pay the full principal amount of the tax due. Taxpayers may also request to pay the due tax in instalments, provided the request is submitted during the initiative's validity period and all instalments are paid on time according to a payment plan approved by the authority. The initiative does not cover fines related to tax evasion or fines paid before the effective date of the initiative. ZATCA encourages taxpayers to consult the simplified guide available on its official website, which offers a detailed explanation of the initiative, including the types of fines covered, exemption conditions, instalment payment steps, and examples of applicable field violations. The authority urges all eligible taxpayers in Saudi Arabia to take advantage of the initiative before its deadline at the end of June and to reach out with inquiries via:
Argaam
27-05-2025
- General
- Argaam
Nazaha investigates 435 suspects in administrative, criminal cases in May; 120 detained
The Anti-Corruption and Oversight Authority (Nazaha) oversaw a number of criminal and administrative cases through 2,775 inspection tours during May. Nazaha said the investigations included 435 individuals, and 120 suspects were detained—some of whom were later released on bail—for their involvement in charges related to bribery and abuse of official power. On its post on 'X' platform, the authority noted that the detainees include employees from the Ministries of Interior, Defense, Municipal and Rural Affairs and Housing, Human Resources and Social Development (HRSD), Transport and Logistic Services, Health, as well as the Zakat, Tax and Customs Authority (ZATCA).
Zawya
21-05-2025
- Business
- Zawya
Saudi: ZATCA urges businesses to file April VAT returns by May 31
Riyadh -- The Zakat, Tax and Customs Authority (ZATCA) called on businesses subject to value-added tax (VAT) whose annual supplies of goods and services exceed SAR40 million to submit their VAT returns for April no later than May 31. The authority urged taxpayers to promptly file their returns through its official website or via the ZATCA mobile application to avoid penalties for late submission. Penalties range from a minimum of 5% to a maximum of 25% of the tax amount that should have been declared. ZATCA also invited businesses seeking more information about VAT to contact the authority via the 24/7 call center at 19993, the 'Ask ZATCA' account on X (@Zatca_Care), the email address (info@ or the live chat feature on its website ( VAT is one of the applicable tax systems in the Kingdom. It is an indirect tax imposed on all goods and services bought and sold by businesses, with some exceptions.
Argaam
17-05-2025
- Business
- Argaam
Saudi Arabia approves amendments to CCC integrated customs tariff
Mohammed Al-Jadaan, Minister of Finance and Chairman of the Zakat, Tax and Customs Authority (ZATCA), approved amendments to the CCC integrated customs tariffs. The decision will take effect from June 1, 2025, the data of its publication on the official gazette Umm Al-Qura. The updates include revised tariff rates on several goods, most notably natural honey products and chemicals. A 5% customs duty was applied to filtered Manuka honey as well as other types of natural honey, whether filtered or containing wax pieces. Additionally, a 2% customs duty was imposed on several chemicals such as acetophenone, propiophenone, methyl acetophenone, benzophenone, and butyl dimethyl acetophenone. A 5% tariff will also apply to compounds including methyl naphthyl ketone and benzylidene acetone.
Gulf News
03-05-2025
- Gulf News
Video: Saudi Arabia seizes 1.5 million Captagon pills hidden in panel cavities at Jeddah Port
Dubai: Saudi authorities have foiled an attempt to smuggle more than 1.5 million Captagon pills into the Kingdom, seizing the shipment at Jeddah Islamic Port in one of the latest efforts to curb the trafficking of narcotics across its borders. The Zakat, Tax and Customs Authority (ZATCA) announced that 1,586,118 pills were found hidden inside the cavities of 'insulating panels' contained in a shipment arriving at the Red Sea port. The illicit cargo was detected during a customs inspection that utilised advanced scanning technologies and trained sniffer dogs. Following the discovery, ZATCA coordinated with the General Directorate of Narcotics Control (GDNC), leading to the arrest of three individuals who were set to receive the shipment inside Saudi Arabia. In a statement, the authority reaffirmed its commitment to intensifying customs inspections in coordination with the GDNC to safeguard society from the dangers of narcotics and other prohibited goods. Captagon, an amphetamine-based drug, has become a key focus of anti-drug operations in the region, often linked to larger transnational networks operating across the Middle East.
