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The time now is 05/17/08 - 14:01

VAT avoidance question


RealCool.BIZ Forum Index -> Tax -> Value Added Tax / Goods and Services Tax

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issy
Apprentice


Joined: 30 Jun 2007
Posts: 5



PostPosted: 10/10/07 - 08:32    Post subject: Reply with quote

I would be probably penalized for not filling the form correctly, they’ll think that I meant to avoid paying tax, but that was just a stupid and no intentional mistake. What can I do now to avoid their harsh fines? How can I prove to the authorities that I had no intention of avoiding the VAT? Did anyone have similar experience?
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benson
Apprentice


Joined: 19 Jul 2004
Posts: 2



PostPosted: 11/24/07 - 02:28    Post subject: Reply with quote

I never had such experience but I would like to be in your skin. I heard that fines for tax avoiding are huge and that there are some maybe even worse consequences of tax avoiding than a financial one. But on the other side, there are people who do avoid paying VAT intentionally, and their scam remains unnoticed. I hope that none will notice your mistake and that you won’t even pay a fine let alone something more serious happens to you. Maybe, there is a chance for you to correct your mistake, it’s maybe still not late.
I really don’t know what to advise you, to report mistake or not, you’ll have to decide yourself.

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RealCool.BIZ Forum Index -> Tax -> Value Added Tax / Goods and Services Tax

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