Will you be fined if you've never paid tax but start paying.

By Marc Sevitz · Updated

If somebody has a small business and has not previously paid tax, if they now register for tax will they be fined or charged previous years?
TaxTim Marc

TaxTim Marc said:
28 July 2014 at 17:22

You may be penalised for not submitting your returns and charged interest for the taxes that were supposed to be due.