Removal from warehouse
Failure to file returns may result in your Debt Warehousing being withdrawn.
Where warehousing is withdrawn, periods which had been warehoused:
- will become payable immediately
- may be subjected to debt collection enforcement action
- will be subject to interest charges of 8% or 10% per annum.
In addition, your Tax Clearance Certificate (TCC) will be automatically rescinded. Consequently, any Government support payments or grant aid will cease until your compliance issues are rectified.
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