{"id":16264,"date":"2024-07-08T19:05:48","date_gmt":"2024-07-08T15:05:48","guid":{"rendered":"https:\/\/www.mcagulf.com\/ksa\/?p=16264"},"modified":"2024-07-09T15:12:23","modified_gmt":"2024-07-09T11:12:23","slug":"zatca-further-extends-ksa-tax-amnesty-to-31-december-2024","status":"publish","type":"post","link":"https:\/\/www.mcagulf.com\/ksa\/ar\/zatca-further-extends-ksa-tax-amnesty-to-31-december-2024\/","title":{"rendered":"ZATCA further extends KSA Tax Amnesty to 31 December 2024"},"content":{"rendered":"<section class=\"vc_row liquid-row-shadowbox-69f285a1e4487\"><div class=\"ld-container container\"><div class=\"row ld-row ld-row-outer\"><div class=\"wpb_column vc_column_container vc_col-sm-12 liquid-column-69f285a1e4a2e\"><div class=\"vc_column-inner\" ><div class=\"wpb_wrapper\"  ><div class=\"vc_row vc_inner vc_row-fluid liquid-row-shadowbox-69f285a1e4ca5\"><div class=\"ld-container container-fluid\"><div class=\"row ld-row ld-row-inner\"><div class=\"wpb_column vc_column_container vc_col-sm-12 liquid-column-69f285a1e5035\"><div class=\"vc_column-inner\" ><div class=\"wpb_wrapper\" >\r\n\t<div class=\"wpb_text_column wpb_content_element\" >\r\n\t\t<div class=\"wpb_wrapper\">\r\n\t\t\t<h3 style=\"color: #c40832;\">Types of Taxes included in the Initiative:<\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-16272\" src=\"https:\/\/www.mcagulf.com\/ksa\/wp-content\/uploads\/2024\/07\/MCA-KSA-ZATCA-Amnesty-1-1024x242.png\" alt=\"MCA KSA ZATCA Amnesty\" width=\"650\" height=\"154\" srcset=\"https:\/\/www.mcagulf.com\/ksa\/wp-content\/uploads\/2024\/07\/MCA-KSA-ZATCA-Amnesty-1-1024x242.png 1024w, https:\/\/www.mcagulf.com\/ksa\/wp-content\/uploads\/2024\/07\/MCA-KSA-ZATCA-Amnesty-1-300x71.png 300w, https:\/\/www.mcagulf.com\/ksa\/wp-content\/uploads\/2024\/07\/MCA-KSA-ZATCA-Amnesty-1-18x4.png 18w, https:\/\/www.mcagulf.com\/ksa\/wp-content\/uploads\/2024\/07\/MCA-KSA-ZATCA-Amnesty-1.png 1082w\" sizes=\"auto, (max-width: 650px) 100vw, 650px\" \/><\/p>\n\r\n\t\t<\/div>\r\n\t<\/div>\r\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"vc_row liquid-row-shadowbox-69f285a1e5422\"><div class=\"ld-container container\"><div class=\"row ld-row ld-row-outer\"><div class=\"wpb_column vc_column_container vc_col-sm-12 liquid-column-69f285a1e5763\"><div class=\"vc_column-inner\" ><div class=\"wpb_wrapper\"  ><style>.ld_spacer_69f285a1e57f5{height:40px;}<\/style>\r\n<div class=\"ld-empty-space ld_spacer_69f285a1e57f5\"><\/div>\r\n\t<div class=\"wpb_text_column wpb_content_element\" >\r\n\t\t<div class=\"wpb_wrapper\">\r\n\t\t\t<h3 style=\"color: #c40832;\">Key Highlights of the Initiative:<\/h3>\n<ul>\n<li><strong>Exemption from Unpaid Financial Fines:<\/strong> This includes fines for late registration, delayed payments, overdue tax return submissions, VAT return corrections, and violations related to VAT field detection and e-invoicing.<\/li>\n<li><strong>Eligible Taxes:<\/strong> The initiative covers various taxes including Value Added Tax (VAT), Income Tax, Withholding Tax (WHT), Real Estate Transaction Tax (RETT), and Excise Tax.<\/li>\n<li><strong>Conditions to Benefit:<\/strong>\n<ul>\n<li>Register with ZATCA if not already registered.<\/li>\n<li>Submit all required returns i.e. VAT, WHT, Corporate Income Tax, RETT, Excise before 31-12-2024<\/li>\n<li>All Tax Payments and dues must be received by the ZATCA on or before 31-12-2024<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\r\n\t\t<\/div>\r\n\t<\/div>\r\n<style>.ld_spacer_69f285a1e59a1{height:40px;}<\/style>\r\n<div class=\"ld-empty-space ld_spacer_69f285a1e59a1\"><\/div>\r\n\t<div class=\"wpb_text_column wpb_content_element\" >\r\n\t\t<div class=\"wpb_wrapper\">\r\n\t\t\t<h3 style=\"color: #c40832;\">Important Details for ZATCA Amnesty Extension in KSA:<\/h3>\n<ul>\n<li>The initiative excludes fines paid before June 1, 2022, and fines resulting from tax evasion<\/li>\n<li>Businesses must adhere to the approved instalment plans to maintain the benefits of the initiative.<\/li>\n<li>Any non-compliance with the instalment plan could lead to the re-imposition of the previously exempted fines.<\/li>\n<\/ul>\n\r\n\t\t<\/div>\r\n\t<\/div>\r\n<style>.ld_spacer_69f285a1e5adc{height:40px;}<\/style>\r\n<div class=\"ld-empty-space ld_spacer_69f285a1e5adc\"><\/div>\r\n\t<div class=\"wpb_text_column wpb_content_element\" >\r\n\t\t<div class=\"wpb_wrapper\">\r\n\t\t\t<p style=\"font-weight: 400;\"><strong>Our team at MCA KSA can assist in the amnesty submission process to ensure tax compliance and avoid penalties. Please <a href=\"mailto:ksatax@mcagulf.com\">email us<\/a> now to get in touch with our consultants.<\/strong><\/p>\n\r\n\t\t<\/div>\r\n\t<\/div>\r\n<\/div><\/div><\/div><\/div><\/div><\/section>","protected":false},"excerpt":{"rendered":"<p>ZATCA further extends tax fine postponement to December 31, 2024 in Saudi Arabia. Read more about the highlights and Tax due installment steps.<\/p>","protected":false},"author":2,"featured_media":16265,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[42,5],"tags":[78,77],"class_list":["post-16264","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-news","category-taxation","tag-saudi-tax","tag-zatca-amnesty"],"yoast_head":"\n<title>ZATCA further extends KSA Tax Amnesty to 31 December 2024 &#187; MCA Saudi Arabia<\/title>\n<meta name=\"description\" content=\"ZATCA further extends tax fine postponement to December 31, 2024. 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