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What are the admin penalties, if any, for late submission of the second provisional tax return

Posted 8 January 2016 under Tax Questions



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Garth says:
8 January 2016 at 8:16

Apart from the potential penalties for under estimation of provisional tax, are there additional (separate) penalties for non/late submission of the second provisional tax return?

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TaxTimTaxTim says:
8 January 2016 at 9:33

Yes, you would be subject to a 10% penalty on the amount owing.


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