Saudi taxpayers granted penalty exemptions under new initiative

Saudi taxpayers granted penalty exemptions under new initiative

RIYADH: Saudi taxpayers can now benefit from penalty exemptions with the introduction of a new initiative by the Kingdom’s Zakat, Tax, and Customs Authority. 

Running until June 30, 2024, this effort aims to provide relief to taxpayers under the tax systems, offering exemptions on penalties related to late registrations, payments, and submissions across all platforms.  Saudi taxpayers granted penalty exemptions under new initiative