Penalty for late payment of vatBy Marc Sevitz · Updated 1 February 2016Karen said:31 January 2016 at 14:33What is the penalty for late payment of vat?TaxTim Marc said:31 January 2016 at 22:4910% of the amount outstanding.Karen said:1 February 2016 at 9:16Thank You Tax Tim, this was most helpful!TaxTim Marc said:1 February 2016 at 9:32Only a pleasure!Salary / IRP5PenaltiesAudit / Verification
Karen said:31 January 2016 at 14:33What is the penalty for late payment of vat?TaxTim Marc said:31 January 2016 at 22:4910% of the amount outstanding.Karen said:1 February 2016 at 9:16Thank You Tax Tim, this was most helpful!TaxTim Marc said:1 February 2016 at 9:32Only a pleasure!