Late Filing Penalty of:
- $500.00 effective from income year 2011.
- $100.00 prior to income year 2011
- 5% penalty is applicable to the unpaid balance due by by April 30.
Late Payment Penalty of:
- 5% penalty is applicable to the unpaid balance due by by April 30.
Interest of:
- 1% per month is applied to outstanding tax and penalty.