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The interest charged on underpayment of income tax is 10 percent.
You pay tax at the basic rate (20%) and have an underpayment of £185 from the previous year.
It is therefore quite easy to run up an underpayment of more than £1,000 a year."
They were ordered to pay a total of $375,000 in underpayments, interest and penalties to 22 workers.
His collection rate was about 95 percent; he attributed the underpayment to oversight.
Underwithholding could cause an underpayment penalty a year from now.
They both could point to seven years of underpayment of taxes.
The consequences of an underpayment could have been broad.
It may turn out that you have not received all the money you should - an underpayment.
Some contractors are going to great lengths to hide illegal underpayment.
There is massive underpayment of taxes by business enterprises and local governments.
The underpayments, he said, stemmed from "a difference of opinion about the regulation."
A lot of the underpayments are fairly easily captured.
See the page in this guide on national minimum wage notice of underpayment.
If you need to, you should round up this final figure to prevent an underpayment.
"The responsibility for any underpayment of these workers lies with the outside delivery companies who employ them," they said.
It's a way to accommodate underpayments by the Government."
But the salary for new recruits takes this underpayment to a new level.
We will collect any underpayment by direct debit from your bank or building society account.
This reduces the possibility of an underpayment of tax at the year end.
The practices do not appear to involve underpayment of United States taxes.
The report states that there should be no penalty for underpayments even though the higher tax rates are to apply as of Jan. 1, 1993.
Garment factories should pay 4,600 rupiah each day, but there is usually underpayment.
Ungaro asked Nixon about his reported underpayment of income taxes in 1970 and 1971.
In fact, disgruntled former employees, complaining of mistreatment or underpayment, have made themselves heard.