Blog Q&A Calculators Students Logbook Contact
Only 4 Days Remaining of Tax Season 2017! Click here to file your tax return with TaxTim now.

Penalty for late payment of vat

Posted 1 February 2016 under Tax Q&A


235 DAYS
LEFT OF
TAX SEASON
2017


TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →
Karen says:
31 January 2016 at 14:33

What is the penalty for late payment of vat?

This entry was posted in Tax Q&A and tagged , , . Bookmark the permalink.

TaxTim TaxTim says:
31 January 2016 at 22:49

10% of the amount outstanding.

Karen says:
1 February 2016 at 9:16

Thank You Tax Tim, this was most helpful!

TaxTim TaxTim says:
1 February 2016 at 9:32

Only a pleasure!


Get SARS Tax Dates and Deadlines in your Inbox
 

We'll tell you when you need to file, along with tax tips and updates.

Blog Categories


235 DAYS
LEFT OF
TAX SEASON
2017


TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started