Tax Declaration

Figures arranged like the ZATCA VAT return: standard-rated, zero-rated, export and exempt sales; purchases, imports and expenses; then net VAT payable. Pick the return period (usually a quarter).

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Where to find itAccountingTax & ComplianceTax Declaration

Clearing entry creates an entry closing the output and input VAT accounts for the period and moving the net to the payable account. After paying ZATCA, record a payment from the bank.