GAZT calls on Saudi companies to submit tax returns

The authority announced that companies had 20 days’ grace from the date of their tax declaration to report any errors to the authorities. (Photo: @gazt_ksa)
Updated 25 September 2019

GAZT calls on Saudi companies to submit tax returns

  • The authority said that firms failing to meet the deadline will be subject to a fine of between 5 and 25 percent of the value of tax they were due to pay

RIYADH: The General Authority for Zakat and Income Tax (GAZT) has urged Saudi companies and entities registered in the VAT with annual turnovers of taxable goods and services exceeding SR40 million ($10.5 million) to submit their tax returns through their accounts on its website www.gazt.gov.sa.
GAZT said declarations for the month of August were due by the end of September.
The authority announced that companies had 20 days’ grace from the date of their tax declaration to report any errors to the authorities.
In case of an error in the registration of the annual financial data, companies have the right to change the period of the submission of annual tax returns from monthly to quarterly declarations and vice versa, through their account on the website.
The authority said that firms failing to meet the deadline will be subject to a fine of between 5 and 25 percent of the value of tax they were due to pay.
This is in addition to a fine for the delayed payment of tax due, which is equivalent to 5 percent of the value of the unpaid tax per month or part of the tax that was unpaid. 


Saudi Arabia confirms 154 new coronavirus cases

Updated 51 min 33 sec ago

Saudi Arabia confirms 154 new coronavirus cases

  • Sixteen of the new cases had come from abroad
  • Saudi Arabia has announced free treatment to all COVID-19 patients in both government and private health facilities

JEDDAH: Saudi Health Ministry spokesman Dr. Mohammed Al-Abd Al-Aly on Monday confirmed 154 new cases of the coronavirus disease (COVID-19) in the Kingdom. Sixteen of the new cases had come from abroad.

“Since their entry into Saudi Arabia, they have been placed in quarantine,” said Al-Aly at the daily press conference held to announce updates on COVID-19 in the Kingdom.

Saudi Arabia announced free treatment to all COVID-19 patients in both government and private health facilities in the Kingdom.

Health Minister Dr. Tawfiq Al-Rabiah announced the royal order and said it included citizens, residents and those in violation of residency laws.

Al-Aly said: “This gesture is undoubtedly — as the health minister stressed — customary in this country. It is a very important humanitarian step. It adds to all the previous steps that the country has taken to give this community the highest levels of protection and health security.”

Al-Aly provided a breakdown of the latest cases. The majority were recorded in Makkah, with 40 cases, followed by Dammam (34), Riyadh (22) and Madinah (22). Jeddah, Hofuf, Khobar, Qatif and Taif all recorded a low number of cases.

Tabuk, Buraidah, Yanbu, Al-Ras, Khamis Mushait, Dhahran, Samtah and Al-Duwadimi reported one case each.

“This brings the total number of registered cases of coronavirus in the Kingdom to 1,453. Most of the patients are in a stable condition and are showing uplifting results,” Al-Aly said.

He said 22 cases are still receiving intensive care, given their critical health conditions. “No additional deaths were recorded and 49 additional cases were treated, bringing the total number of recovering cases to 115,” he added.

The number of reported COVID-19 cases worldwide has reached 734,000. Around 34,000 people have died; 152,000 have recovered.

Ministry of Interior spokesman Talal Al-Shalhoub said that a number of neighborhoods in Makkah will be isolated as a further precautionary measure.

He said the restriction was introduced to limit the spread of the virus in the Kingdom and to preserve the health and safety of citizens and residents.

Al-Shalhoub said the isolation measures would be implemented in Ajyad, Masafi,Misfalah, Al-Hujun, Al-Nakkasa and Hosh Bakr.

He added that the restrictions will be “preventing entry or exit … and preventing touring throughout the day for 24 hours, from 3 p.m. as of March 30 until further notice.”

Residents of the selected Makkah neighborhoods will be allowed to leave their homes for necessities such as health care and groceries “within the scope of the isolation between 6 a.m. to 3 p.m.”

The ministry said that all activities that have been allowed during curfew hours should be carried out in the strictest limits and in accordance with the procedures and controls determined by the concerned authority.

Saudi intensive care unit resident Moayad Qashqari encouraged all residents to seek medical attention if they experience any symptoms.

Commenting on the royal order, he said: “This is a call for all residents in our country; whether they are residence violators or those whose residency has expired. The hospital doors are opened for them, they will not be rejected if their residency has expired.”

He added: “They will be provided with treatment to go home fully recovered. All residents must take this step to look after their health and the well-being of their families. If it isn’t fatal to one person, it could be fatal to someone else.

“We advise everyone to be cooperative and take responsibility.”
 

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