FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


Are penalties incurred for late payment to the Municipality vatable?

Posted 21 October 2015

Ben says:
21 October 2015 at 9:03

I would like to know whether late payment of license disks for company cars and the related fines and penalties are vatable, that is, can you claim input tax on the penalties and fines incurred to the traffic department?

TaxTim TaxTim says:
21 October 2015 at 15:54

No, there won't be VAT on the penalty as it is not a charge for supply of goods or services.

This entry was posted in Tax Q&A and tagged , , , . Bookmark the permalink.



Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.