n IMFO : Official Journal of the Institute of Municipal Finance Officers - E-filing and penalties on late payments

Abstract

Vendors who are registered for e-filing of their VAT201-returns can, according to The Step-by-Step Guide for Completion of the Value-Added Tax Vendor Declaration Form on e-Filing, issued in August 2011, submit their returns on the last business day of the month in which it must be submitted, instead of the 25th day or first working day before the 25th day if the 25th day is a Saturday, Sunday or public holiday.