The 28th of this month is the GST Due Date for the GST Period 1st June 2015 to the 31st July 2015. If you are unable to pay the GST due then please note that:
- An initial 1% late payment penalty will be charged on the day after the due date.
- A further 4% penalty will be charged if there is still an amount of unpaid tax (including penalties) at the end of the 7th day from the due date.
- Every month the amount owing remains unpaid, a further 1% incremental penalty will be added.
- As well as the penalties above you will be charged interest on tax that remains unpaid until it is eventually paid.