July is the month when the tax authorities show no mercy! Five key deadlines for paying taxes, from VAT to excise duties, and if you’re late – get ready to pay penalty interest that will eat up your profits! Are you ready to settle your obligations by July 31st or will you make excuses again? In July alone, you must pay VAT for June, advance corporate income tax, hospitality income tax, and even taxes for freelancers! Think this is just another boring tax article? Think again – non-payment means fines nobody likes! Come on, admit it – who’s already planning to be late? Comment and share your tax nightmares or tricks to dodge penalties!
Tax Obligations in July: Will You Be Late Again and Pay Penalties?
