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Is there a difference betwn a tax fine & penalty?

A client was levied a fee for not buying a fical Electronic Signature Device(ESD) machine. The Minister of Finance latter issued an amnesty waving all penalties that were oustanding as at 1 December 2017. The Revenue Authority turned down the application on the basis that it(the amount) is a fine and not a penalty. The client latter bought the gadget before the Minister's amnesty pronouncement. Furthermore the client was submitting the VAT returns timeously.

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17th Apr 2018 10:04

The UK has a Chancellor of the Exchequer, not a Minister of Finance. I suspect you are in the wrong place.

Also what about this query merits anonymity?

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to stepurhan
17th Apr 2018 10:47

...and if you are in the right place are you sure this wasn't a scam?

Countries affected by fiscal memory devices requirements according to Wikipedia:
https://en.wikipedia.org/wiki/Fiscal_memory_device

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17th Apr 2018 11:14

it wasn't a scam but a genuine question. My country isn't listed on the schedule. However we have since adopted the ESD machines.

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17th Apr 2018 11:18

it wasn't a scam but a genuine question. My country isn't listed on the schedule. However we have since adopted the ESD machines.

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By Ruddles
to Tinashe Furusa
17th Apr 2018 11:22

But you haven't told us which country your query does relate to.

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17th Apr 2018 12:41

zimbabwe

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By Ruddles
to Tinashe Furusa
17th Apr 2018 12:49

So why are you asking about the interpretation and application of legislation in Zimbabwe, of all places, on a UK accounting and tax forum?

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to Tinashe Furusa
17th Apr 2018 13:02

It's not on the list but that's probably just Wikipedia not having been updated.

There's certainly stuff about these devices on the ZIMRA site - http://www.zimra.co.zw/index.php?option=com_content&view=article&id=1623... - but as Ruddles says this is a UK accounting & tax forum and I don't have the inclination to research that further

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