Paying Tax (or Not)
Paying your fair share of tax is required by law, but paying too much is unnecessary.
When does Inland Revenue charge penalties and interest?
You may be wondering if, why, and when the IRD charges interest and penalties. Well, they do have a method to what appears to be madness! Late filing penalties Penalties paid to the IRD cannot be claimed as business expenses. Penalties can be charged on all tax types except Student Loans. The penalty will range […]
