Overdue Logging Taxes
If you don’t file or pay your taxes by the due date, you will be charged a penalty and interest.
A penalty of 10% of the amount of unpaid tax will be applied if you don't file by the due date
Interest at a rate of prime plus 3% will be charged if you pay your taxes late or your instalment payment(s) are deficient
However, penalties and interest may be waived or cancelled in whole or in part if: