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Saudi’s Zakat, Tax and Customs Authority calls on taxpayers subject to VAT to submit their declarations for July

The Zakat, Tax and Customs Authority has called on taxpayers from the business sector subject to value added tax (VAT) to submit their tax declaration for July, no later than August 31st.

The Authority has urged business sector taxpayers to promptly submit their tax declaration via the website (zatca.gov.sa), in order to avoid a penalty for not submitting the declaration within the specified period, at a minimum of 5% and a maximum of 25% of the tax value which the taxpayer had to declare.

Source: Zawya

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