A budget scheme allowing businesses to regularise their VAT position has been extended to May 31. The scheme’s conditions have also been amended, allowing all businesses and individuals to regularise their position.
Anyone who failed to file tax returns, originally due in October 2011, by January 15, 2012 can now do so up to April 15, 2012. Tax claims due in November or December 2011 or January, February or March 2012 can now be made by April 15.