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Are penalties incurred for late payment to the Municipality vatable?

Posted 21 October 2015 under Tax Questions


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Ben says:
21 October 2015 at 9:03

I would like to know whether late payment of license disks for company cars and the related fines and penalties are vatable, that is, can you claim input tax on the penalties and fines incurred to the traffic department?

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TaxTimTaxTim says:
21 October 2015 at 15:54

No, there won't be VAT on the penalty as it is not a charge for supply of goods or services.


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