08.04.23
Extension of the amnesty for fines and financial Penalties
ZACTA (Zakat, Tax and Customs Authority) first announced the Exemption of Penalties Initiative in June 2022 to mitigate the finance implication resulting from the global pandemic, this initiative was scheduled for six months but was extended till June 2023.
ZATCA has recently confirmed another extension of the initiative, with an expiry date of December 31, 2023. As part of the initiatives, fines including late filings, late registrations, and VAT field control violations relating to e-invoicing are cancelled for all taxpayers.
A simplified guideline explaining fine exemptions can be found here.
Browse Kingdom of Saudi Arabia updates
Wave 7 of Phase 2 e-invoicing
- Mandate information
Wave 6 of Phase 2 e-invoicing has been announced
- Mandate information
Tax groups announced for new waves of the e-invoicing implementation
- Mandate information
ZATCA determines criteria for wave 4 participants in the Integration Phase
- Mandate information
Proposed amendments to the e-invoicing rules
- Mandate information
End of the initiative of cancelling fines
- Country updates
Details on wave 3 taxpayers in scope of the e-invoicing mandate
- Mandate information
Voluntary participation in Integration Phase
- Mandate information
Go-live of Fatoora portal and end of E-invoice pilot testing phase
- Mandate information
A new version of Detailed Guidelines of E-invoicing
- Mandate information
ZATCA announces the second wave of taxpayers included in Phase 2
- Mandate information
ZATCA releases user manual for Fatoora portal user manual – Version 2
- Mandate information
New e-invoicing phase 2 requirements
- Mandate information
ZATCA to subsidize purchase of e-invoicing software
- Mandate information
Saudi Arabia launches tax amnesty schemes
- Country updates
Saudi Arabia will consider reducing VAT “ultimately”
- VAT/G(S)ST rate information