TaxSavvyOM

Missed WHT months

We forgot to withhold for several months. What should we do?

The situation

The Oman payer is responsible for WHT it should have deducted from non-residents.

The law

  • Income Tax Law (withholding tax on non-residents): 10 percent WHT on royalties, technical service fees and management fees paid to non-residents; dividend and interest WHT suspended indefinitely from January 2023
  • Income Tax Law (penalties): Late return fine OMR 100 to 2,000; late payment 1 percent per month; under declaration fine 1 to 25 percent of the difference

What it means for you

File the missing returns and pay the tax, even if you must bear it yourself. Late payment can attract 1 percent per month. Catch up before the annual return.

What to do

  1. List missed payments.
  2. File missing returns.
  3. Pay WHT and charges.
  4. Set monthly checks.

We can do this for youWithholding tax on royalties, technical and management fees to non-residents: OMR 75

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