September 2021 GST Late Payment Penalties incorrectly calculating

We knew about an issue where clients had been charged an erroneous late installment punishment when making an installment daily late, for their GST that is as a rule due on 28 October 2021.

In October, the due date of the GST and temporary expense installments that would commonly have been expected 28 October 2021, was reached out to 4 November by an Order in Council. Subsequently, any installments made the day after this lengthy date of 4 November, ought to be charged a 1% late installment punishment (LPP). A few clients, nonetheless, have mistakenly been charged 4%, which is the LPP for installments made seven days late.

This issue has been settled. No LPP should show for installments made the day after the 4 November 2021 due date.