From the 31st day of delay, it is doubled: you will have to pay 1/150 for each day of non-payment. The business owner will find out the amount of the fine after a tax audit. What are the VAT fines? A fine is imposed in two cases: If you miss the tax return submission date, you must pay 5% of the amount indicated in the declaration.
If you delay reporting for more than 10 days, the inspectorate may freeze accounts until the debt is paid. If you miss the tax payment deadline or pay only part of it, there are two possible options. If it turns south africa telegram mobile phone number list out that the arrears arose due to an accidental calculation error, the penalty will be 20% of the payment not transferred on time.
you will have to pay 40%. Frequently asked questions Can a company accept payment without VAT? If you see VAT in the supplier's documents, it means that they have a general tax regime. These deductions are mandatory for them - they will not accept partial payment. Who pays the fee: the buyer or the seller, if the former works without VAT, and the latter with VAT? No one, since the seller does not include these deductions in the cost of the goods.