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The Zakat, Tax and Customs Authority ("ZATCA") has invited VAT-registered businesses with annual payments exceeding 40 million Riyals to submit their tax returns for August before September 30, 2026. The Authority urged businesses to expedite the filing of their returns and the payment of taxes via the Authority’s app to avoid late penalties ranging from 5% to 25% of the due tax. These measures are part of the efforts to regulate the implemented VAT system in the Kingdom, which is applied to most goods and services with some exceptions.
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