Interest on late payment of CGT ?

R

rabbit

Guest
Hi,
Can anyone tell me how does the revenue authorities calculate late interest on payment of capital gains tax ? Is it per month or what ?
 
Hi

Not entirely sure, but I think it's per month - no idea how it's paid etc.

Cheers

G>
 
I came across something like this on the Revenue website under publications/ personal taxes or some section like that. If was a pdf file you can download in booklet form.Havent got time too look it up again now.
 
why was there a delay?

If because of some unusual factor, then they may waive it. if a large amount, speak with tax advisor
 
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