Monday, December 1, 2014

VAT Update: Businesses Urged to Register Quickly to Avoid or Limit Fines

To date a large majority of businesses have submitted applications to be registered for VAT. Remaining businesses that were required to register by November 30th, 2014 are urged to submit their applications as soon as possible. In fact, those businesses making best efforts to register within the first few weeks after the deadline may see their fines reduced or even waived altogether.