You had 350 employees before, and due to a recent re-org, you reduced your staff 15%. Unfortunately, you were late filing your return and did not complete it correct as you were busy scaling down your operations. What would you incur from CRA for the following?
A. Penalty for late return filing (daily + max penalty)
B. Penalty for an incorrect method of filing (max penalty)

Question

24-06-2024
Business

Answered

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You had 350 employees before, and due to a recent re-org, you reduced your staff 15%. Unfortunately, you were late filing your return and did not complete it correct as you were busy scaling down your operations. What would you incur from CRA for the following?
A. Penalty for late return filing (daily + max penalty)
B. Penalty for an incorrect method of filing (max penalty)

Sagot :

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