Almadina, 19 April 2023: The Zakat, Tax and Customs Authority has requested businesses subject to value-added tax, with annual supplies of goods and services exceeding 40 million riyals, submit their tax returns for the month of March and the first quarter of 2023 no later than 30 April 2023.

Taxpayers from the business sector are urged to submit their tax returns promptly through the zatca.gov.sa website or the Authority’s ZATCA smartphone application and make payment accordingly.

Failure to submit a declaration within the given timeframe may result in a minimum fine of 5 per cent and a maximum of 25 per cent of the tax value the taxpayer was required to declare.

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