Paying on time is cheaper

Uzhgorod City Tax Service warns:

if a taxpayer does not pay the agreed amount of the liability and / or advance payments of corporate income tax within the specified term, he or she will be fined.

30 days overdue shall be punished by a fine of 10 percent of the unpaid amount of tax debt.

A longer delay shall be punished by penalties in the amount of 20 percent of the repaid amount of tax debt.

Non-payment of single tax advance payments by a natural person – single tax payer in the manner and within the period specified by the TCU shall be punishable by a fine of 50 percent of the single tax rate chosen by a single tax payer.

In accordance with paragraphs 129.1.1 of the Tax Code, after the expiry of the deadline for the settlement of the agreed liability, interests for the amount of the tax debt shall be accrued.