SECOND SCHEDULE
Regulations 4 and 6(1)
Late lodgment penalties
First column
Second column
Type of late filing or lodgment
Late lodgment penalty
1.Penalty for late lodgment of annual return under section 197 of the Act
$300
2.Penalty for late filing or lodgment of any other document according to length of default (calculated in terms of days after the date on which document was required to be filed or lodged)
 
(a)up to 30 days
$50
(b)31 days to 60 days
$75
(c)61 days to 90 days
$100
(d)91 days to 180 days
$150
(e)181 days to 365 days
$200
(f)366 days to 730 days
$250
(g)731 days to 1095 days
$300
(h)exceeding 1095 days
$350