Zakat, Tax and Customs Authority extends penalty waiver initiative to 2026
Saudi Arabia’s Zakat, Tax and Customs Authority has extended its penalty waiver initiative until December 31, 2026, subject to specific conditions.
The Zakat, Tax and Customs Authority in Saudi Arabia has extended its penalty waiver initiative until December 31, 2026, according to a clarification provided in response to a follower's question on X. The authority confirmed the extension when queried about the availability of the penalty waiver. Taxpayers are eligible for the waiver by submitting all required returns and paying the principal tax amount, or by requesting to pay the principal tax in installments.
Upon fulfilling these conditions, all penalties associated with the tax return will be waived during the initiative period. For a comprehensive understanding of the initiative, taxpayers are encouraged to consult the guidance document provided by the authority. It is important to note that if the initiative is further extended beyond December 31, 2026, it will not include penalties for returns due after June 30, 2026.
Consequently, taxpayers can still take advantage of the initiative until the conclusion of December 2026, following the authority's prescribed procedures and regulations.
Written by urgent.news from Ajel English's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
