Saudi Arabia has told taxpayers in the country to submit returns this week or pay fines.
The Zakat, Tax and Customs Authority (ZATCA) has urged entities dealing in goods subject to the Excise Tax Law to file their tax returns for January and February by March 15.
Taxpayers may do so through the authority’s website to avoid a 5 per cent fine for unpaid taxes every 30 days after the due date.
Saudi tax finesAccording to ZATCA, taxpayers from the business sector wishing to receive more information about the Excise Tax Law should contact the authority via:
- Phone: 19993
- X: @Zatca_Care
- E-mail: info@zatca.gov.sa
- Online: zatca.gov.sa
The excise tax is imposed on goods deemed to adversely affect public health or the environment at varying rates, including soft drinks, energy drinks, sweetened beverages, tobacco and its derivatives.