Zatka Requests VAT Declarations for August
The Zakat, Tax and Customs Authority ("ZATCA") has issued a reminder to businesses whose annual supplies of goods and services exceed 40 million riyals to file their VAT returns for August before September 30, 2026. The authority warned of late submission penalties ranging from 5% to 25% of the payable tax if the submission is not made on time. It also urged taxpayers to contact them for further information. VAT is levied on goods and services in the Kingdom, with some exemptions.
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