Update: | Compliance Alert - ZATCA exempts taxpayers from financial penalties to reduce the COVID-19 pandemic consequences |
Date: | 2022-06-03 |
The Zakat, Tax and Customs Authority (ZATCA) announced an initiative to cancel financial penalties for all taxpayers starting from 1 June 2022 until 30 November 2022.
The exemptions entitle all tax-related fines and penalties in the country, including e-invoicing penalties.
The full details of the scope and conditions of the exemptions can be found in this guide manual published by ZATCA alongside this decision.