Penalty for late payment of vat

By Marc Sevitz · Updated

Karen

Karen said:
31 January 2016 at 14:33

What is the penalty for late payment of vat?
TaxTim Marc

TaxTim Marc said:
31 January 2016 at 22:49

10% of the amount outstanding.
Karen

Karen said:
1 February 2016 at 9:16

Thank You Tax Tim, this was most helpful!
TaxTim Marc

TaxTim Marc said:
1 February 2016 at 9:32

Only a pleasure!