TaxSavvySA

Refund of overpaid tax

We overpaid tax two years ago. Can we claim?

The situation

Taxpayers can ask ZATCA to refund overpaid tax within 5 years after the end of the year that was overpaid. After that, the right to claim is lost.

The law

  • Income Tax Law, assessment time limits: ZATCA can assess within 5 years of the filing deadline, or 10 years if no return or intent to evade

What it means for you

Gather the original return, payment proof and the corrected computation showing the overpayment. File the request on ZATCA and track it. Example: SAR 40,000 overpaid for the 2023 year can be claimed until the end of 2028.

What to do

  1. Compute overpaid amount.
  2. File request.
  3. Track.

We can do this for youAnnual income tax return for foreign-owned and mixed companies: 20 percent CIT on the foreign share plus Zakat on the Saudi share: SAR 7,500

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