FL-2022-19, September 29, 2022. If you are late to file and pay, then your late filing penalty is reduced by the late payment penalty, resulting in a penalty of 4. On the October 15, 2018 extended filing deadline, the IRS also assessed an additional FTF penalty of $8,859. Be reminded that GCash is charging 15 pesos as a convenience fee. News update: The IRS has further extended the deadline to file and pay 2022 taxes to Nov. Penalty on Late Payment. If your payment is insufficient, such as a bad check, a flat fee of $35 will be charged. Online Payment: • GCash • Maya • ShopeePay • Bayad App . Under $500, and knowingly or under circumstances of gross negligence do not send them to the CRA or send them late. Failing to File Can Result in Penalties and InterestHow to set up Lazada Wallet. Late filing: the failure to file penalty, sometimes called the delinquency penalty, applies when you do not file on time and generally starts at 4. It is one of the most popular lenders in the Philippines which provides quality service and loans up to PHP 15. *Buy Now and Pay Later minimum repayment period is 90 days and maximum is 180 days from Cashalo. 000. Penalty for default in making payment of Tax As per section 220(1), when a demand notice under section 156 has been issued to the taxpayer for payment of tax (other than notice for payment of advance tax), then such amount shall be paid within a period of 30 days of the service of the notice at the place and to the person mentioned in the notice. 59pm on Sunday (28 February) to file online tax returns before they face a £100 late-filingEach tax or duty has specific rules on penalties for late payment or filing. 0. 73 in penalty payments. 00. Payer eventually paid the tax and penalties on 25 May 2023. 62C, § 33(a)) or the late payment of tax (G. The longer you wait to pay, the greater the penalty, although the maximum penalty here is also capped at 25% of your outstanding balance. 2019–December 2021, her penalty in 2022 was 29% (1% for each of the 29 months) of $33. The late payment penalty is 0. But with a little preparation and a lot of deep breaths,. The app’s name itself is a combination of two words: Cash and Kasalo, which means "to have a partner for your finances". 1. Loan Amount. 5% per month, up to 25%. 6 million filers will automatically receive a collective $1. Public Affairs Office. 00. Input your loan details. This includes 2022 individual income tax returns due on April 18, as well as various 2022 business returns normally due on March 15 and April 18. This penalty depends on how long your taxes remain unpaid. Visitors This Year : ( 2022 )-Contact Data CONTACT: ResearchAndMarkets. If your payment was: $1,250 or more: 2% of payment amount; Less than $1,250: $25 or the payment. Previously, the penalties were charged at half of the contributor’s amount translating to Sh250 for every month. This penalty depends on how long your taxes remain unpaid. High interest rates. IRS Interest Rate 2022. Step 4: Input the 6-digit one-time password (OTP) sent to you via SMS. Use this table with Form 2210 if you’re completing Part III, Section B. The interest rates are also flexible to ensure you don’t strain your finances. How to pay Cashalo loan? When it comes to authorized repayment outlets, there is nothing to worry about because Cashalo has many partner merchants you can choose from: Online payment via E-wallet (Gcash, PayMaya,. Revenue and Taxation § 40-2A-11. There are several reasons Cashalo PayLater cannot be used due to late payment of bills, including: Protection and Reliability. Further late payment. Pay the penalty and interest. a Rhode Island personal income tax return and you have a balance due, you will be subject to a late-filing penalty, late-payment penalty, and interest that currently accrues at a rate of 18%. e. Doing so might help minimize unwanted late payment penalties. Medicare’s contractor may acceptCashalo is a fintech platform that delivers digital credit to Filipinos – helping them elevate their financial well-being. The total. People who don’t owe the IRS money for the 2022 tax year, such as people getting a tax refund, don’t have to pay penalties for missing the filing deadline. one day after the due date). However, the penalty is waived if all of the following conditions are met:. The rates apply to both overpayments and underpayments, meaning if you owe taxes or if the IRS owes you a refund. Interest rate: 5,99% per month. The penalty you want us to reconsider (for example, a 2021 late filing penalty) For each penalty, an explanation of why you think we should remove it; If a notice or letter we sent you has instructions or deadlines for disputing the penalty, pay careful attention. 24th Jan 2022. This penalty is 5% a month, which is a combination of the failure to file and failure to pay penalties. 23 Comments. Step 2: Tap Activate My Wallet. However, the online harassment you're experiencing will land whoever is doing it in jail if you file a case. Download the. (1) PREPAYMENT PENALTIES. 5% failure-to-pay penalty, the IRS would apply a 4. However, if your payment is late, it will charge you a one-time administration fee worth ₱300. 31, 2022. Driving in the prohibited roads. Published: 06 Jan 2022. Observations. The IRS today announced that taxpayers affected by winter natural disasters in 55 California counties qualify for an extension to file and pay their tax year 2022. If you are worried that you might be quite late, you definitely want to know what the penalty will be. Bisitahin ang aming website para sa detalye. 494. 1 See AICPA Letter, “Notice 2022-36 Penalty Relief for Certain Taxpayers Filing Returns for Taxable years 2019 and. In total, the Oosterwijks owed $274,634. 5% of the unpaid taxes for each month or part of a month the tax remains unpaid. Apps. SUMMARY. The IRS interest rates for each quarter of 2022 were as follows: First quarter (January 1 – March 31, 2022): 3% for overpayments (2% for corporations) 3% for underpayments. Penalties on payroll and excise tax deposits after the September dates listed below and before October 10, 2022, will be abated as long as the deposits are made by October 11, 2022. Why you received this penalty. download and complete the postal form SA370 to appeal against penalties for late filing and late payment;For 2021 tax returns, the final extension date is Oct. However, the payroll deferral did not apply to the employee portion of Social Security tax (6. OTR will charge 10 percent interest, compounded daily, on any underpayment of estimated taxes. IR-2022-155, August 24, 2022. You must pay the late submission penalty along with the GST. Loans calculator will allow you to calculate an approximate. | Cashalo Cashalo is a fintech platform in the Philippines that delivers digital credit to Filipinos. There are maximum fines per year for small businesses. 2. We will make sure to get back to you within 24 hours. Penalty amount = 20% of R32 800 = R6 560. 1. 5% to 5% of the total amount still owed. Bear in mind that, in either instance, SARS can also lump on 10% interest on the underpaid tax. com – Have you ever experienced problem that. Cashalo will show payment details as well as the interest rate during application. Most late fees are between $25 and $50. Employers with payroll-deposit obligations can also request FTA for the failure to deposit penalty. Applying to Buy Now Pay Later is fast and easy! 1. DISADVANTAGES of CASHALO. Employers that received an advance payment of the employee retention credit (ERC) or reduced their employment tax deposits in anticipation of receiving the ERC for the fourth calendar quarter of 2021 may repay or deposit the taxes without penalty under guidance issued Monday by the IRS (Notice 2021-65). 10. An administrative penalty is a penalty levied under section 210 of the TAA. 5% each month, up to 25% of your unpaid taxes. Second quarter (April 1 – June 30, 2022): 3% for overpayments (2% for corporations)WASHINGTON — The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning January 1, 2022. Instructions. Wait for approval and order confirmation; no downpayment needed! 4. 150 , the minimum penalty is $100, otherwise the minimum penalty is $10. 30, a date the IRS reaffirmed Friday. The maximum depends upon how late it is filed. 35% to 7. The penalty rates used on. The late cost for SPayLater ranges from 2. . The daily rate for the 3rd quarter of 2020 is 0. To avoid a failure to file penalty, make sure you file your return by the due date (or extended due date) even if you can't pay the balance due. All available debt payment methods at TALA in november 2023. Want to help accelerate financial inclusion in the Philippines? We’re hiring – jobs@cashalo. The penalty for late registration will reduce from AED20,000 to AED10,000. February 25, 2021 · Avoid penalties and late fees by repaying your loan on or before the due date! For full repayment channels and instructions, visit the app:. 95%. Terms of Money Cat payment extension 2022: You can extend the loan. . 68. 0% penalty on the amount of franchise tax due by a taxable entity that fails to report or pay the tax when due. I’ve even offered to pay. LA-2021-04, August 31, 2021. The rates will be: 3% for overpayments (two (2) percent in the case of a corporation), 0. Bisitahin ang aming website para sa detalye. The IRS imposes a failure to pay penalty of 0. The lowest priced loanable flow can be P2,000. In the table below, find the current IRS interest rates for individuals or noncorporate entities. , with SEC Registration No. e. And let's also assume you're exactly one month late submitting your tax return. Monthly interest rate: 5. For SPayLater. Make sure all information is correct to ensure repayment is processed. 5 percent. If your payment is insufficient, such as a bad check, a flat fee of $35 will be charged. , with SEC Registration No. For returns due after 12/31/2022, the minimum penalty is $450 or 100% of the tax due (the $450 penalty. 2022. Louisiana — Victims of Hurricane Ida that began August 26, 2021 now have until February 15, 2022, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today. Penalties and Interest. , with SEC Registration No. If a business fails to issue a form by the 1099-NEC or 1099-MISC deadline, the penalty varies from $60 to $310 per form for 2023, depending on how long past the deadline the business issues the form. Examples: Your check bounced, you did not have enough money in your bank account, or you stopped payment. Printed by the authority of the State of Illinois - web only - one copy. FTB also offered guidance for those owing multiple tax payments this filing season, and provided tips on claiming tax credits, filing a tax. Interest rates: 0% to 3. Pay Later At Your Convenience. , $7,500 in the example above). Penalty. Current as of December 30, 2022 | Updated by FindLaw Staff. We calculate the amount of the Underpayment of Estimated Tax by Individuals Penalty based on the tax shown on your original return or on a more recent return that you filed on or before the due date. 00. A late-payment penalty is assessed when you fail to pay the tax you owe by the due date. Views 675. 5% on Multnomah County taxable income over $125,000 for individuals or $200,000 for joint filers, and an additional 1. The. This means that taxpayers can skip making this payment and instead. M. 2022 Oklahoma Statutes Title 68. As of April 1, 2022, and through June. spend of P1500 Click. Late Payment Penalty: Penalty for not paying on time amounts to 1% of the tax due per month and can't exceed 24%. This relief applies to forms in both the 1040 and 1120 series, as well as others listed in Notice 2022-36. If you didn't get an extension. 00. NY-2023-04, March 24, 2023 — Victims of the severe winter storm and snowstorm beginning Dec. Cashalo is a fintech platform that delivers digital credit to Filipinos – helping them elevate their financial well-being. However, if your return was over 60 days late, the minimum failure to file penalty is the smaller of $450 (for 2023) or 100% of the tax required to be shown on the return. Medium to long term growth story of BNPL. You can get a credit limit of up to ₱ 15,000. Failure to Pay Penalties. 2. You owe less than $1,000 in tax after subtracting. 2022. 50. Say you file your five required forms within a week of the due date, sending in both your recipient and IRS copies at the same time. Add step 5 and step 10 _____ Note: We do not charge a late payment penalty if both of these are true: You pay at least 90% of your total tax by April 18, 2023; You file your return and pay any remaining tax by October 16, 2023 **If the days fall in more than one calendar year, determine steps 6 through 10 separately. 5% for large corporate underpayments. Learn more here. Recommendation: Great match for people who are looking for a fast cash loan that has low-interest rates. It does not have any additional fees for things like late payments or servicing. 1 (1) A penalty is payable by a person (“P”) where P fails to make or deliver a return, or to deliver any other document, specified in the Table below on or before the filing date. Amount: ₱3,000 – ₱150,000 (Higher loan limit becomes available as you pay on time through the app) Terms/Rates: Around 2. With the Fly Now & Pay Later service, you can choose to pay over three or six months without the need for credit card. 2. IRS Interest Rates Table. 49% per month | Loan Amount: Php 500 – Php 40, 000 | Tenure: 30 days – 12 months | Speed: Instant . For periods starting on or after 1 January 2023, it will be replaced by points based late submission penalties, late payment penalties and interest (details below). Funding conditions. The IRS will not charge you an underpayment penalty if: You pay at least 90% of the tax you owe for the current year, or 100% of the tax you owed for the previous tax year, or. Individuals,. This results in a combined penalty of 5% for each month or part of a month that your return was late. Filing and paying as much as possible is key because the late-filing penalty and late-payment penalty add up quickly. Late payment penalties start from the day after the payment due date. “Underpayment and Late Payment Penalty Relief for 2020 Tax Year,” February 16, 2021, “Relief from Coronavirus Related Penalties,” December 7, 2020, “Written Statement for November 20, 2020 Hearing of U. With the 2023 filing season under way, taxpayers who owe tax with their 2022 tax return may be reluctant to file their returns by April 18 or may consider an extension to file. Makakapag-Adjust ng Budget Ang ipangbabayad ninyo sa Cashalo, pwede munang gamitin para sa ibang pangangailangan, tulad ng pagkain, gamot, at iba pa. 8% in 2026. The maximum penalty amount for each outstanding F5/F8 return is $10,000. Read more of Cashalo's Frequently Asked Questions. Nope, you can’t go to jail for loans. Sa Video na ito matutunan mo kung paano magbayad ng cashalo loan gamit lamang ang yung smart phone at gcash app. You can apply for a loan and receive the money in your bank account within 24 hours. He said there can be late fees, interest, and possible late payment. In recognition of the pressure faced this year by taxpayers and their agents, HMRC is to allow an extra month before it. Use voucher code CASHALO100JUL for P100 OFF with min. This is perfect for. 74. • 1 yr. You can repay your loan in real-time through Cashalo’s official payment channels: Over the Counter: • 7-Eleven • Bayad Center • Cebuana Lhuillier Bills Payment • Other ECPay Outlets. Don't miss out on the promotions and deals that you can grab from Cashalo. 3 months — you may have to pay a penalty of £10 a day, for a maximum of 90 days (£900). So, let's say you owe the IRS $5,000 from 2022. It is one of the most popular lenders in the Philippines which provides quality service and loans up to PHP 15. How can I pay for my loan? I paid the wrong amount, what should I do? Can my loan payment be delayed? - We recommend for you to pay on or before the due date to avoid late payment fees on your account. The penalty you will have to pay will equal the federal short-term interest rate plus five and one half percentage points (adjusted quarterly), but not less than 7. However, self-assessment taxpayers only have until 11. For all other taxes, the late-payment penalty is 5% of the amount due every month, up to 25%. 🔵 C A S H A L O P R O M O !! Create your a. FAQ for Electing Pass-Through Entities – Updated July 10, 2023 FAQ for Electing Pass-Through Entities – Updated June 30, 2022 Updated Temporary Guidance for Electing Pass-Through Entities under Acts 2021-1 and 2021-423 (Updated June 14, 2021) On Feb. CSC201800209 and Certificate of Authority No. 10. In a Q&A on its website, the FTB says, “If you file your 2022 tax return now but wait to pay your tax, we will not impose a late payment penalty for the 2022 tax year if you pay your 2022 tax in. 16, 2023, deadline also applies to the quarterly estimated tax payments, normally due on Jan. Cashalo accepts loan applications from those above the age of 18, but they must be working or have a steady source of income. 5% of the amount of tax owed if it is less than 1 month late, plus an additional 0. Taxpayers must file their returns by April 20, 2023. 20 Late filing and/or late payment: Penalties_____ Interest_____ Enter total here 20 00Generally, penalties imposed for the late filing of a return (G. T Office Hours Call 1-917-300-0470 For U. However, the Government enacted legislation in late March to give the Commissioner of Inland Revenue (CIR) discretion to waive UOMI charges if the taxpayer’s ability to make payment on time has been significantly adversely affected by COVID-19. Labor Code, § 203, subd. The CARD Act added TILA section 149, which provides, among other things, that the amount of any penalty fee with respect to a credit card account under an open-end consumer credit plan in connection with any omission with respect to, or violation of, the cardholder agreement, including any late payment fee or any other penalty fee or. Apply online and choose other payment methods such as check, money order or credit card payments: $149. What are the loan payment terms? About Cashalo. / CAN Toll Free Call 1-800-526-8630 For. 5%. Generally, the person will continue to owe a penalty for as long as they have Medicare drug coverage. 5% failure-to-pay penalty. However, if an affected taxpayer receives a late filing or late payment penalty notice from the IRS that has an original or extended filing, payment or deposit due date falling within the. If you fail to pay your sales tax due to Illinois on time, there will be penalties and fees applied. For a late filing, there is a flat 2% applied to the total of the tax due or $250, whichever is smallest. Detailed information. 1 This bulletin discusses the penalty provisions of the Revenue Act, added by the Taxpayer Bill of Rights amendments in Public Acts 13 and 14 of 1993, Public Act 657 of 2002, and the administrative rules on waiver of penalty for reasonable cause. No other debt payments. 00. They go on top of your loans, which means that it doesn’t. 19. 7 million by 2028. All early. The Hawaii State Department of Taxation has not extended the 2022 Tax Year filing deadline. Returns filed after April 15th without a valid extension are also subject to a late payment penalty of 10 percent of the unpaid tax. 5% per month, maximum of 25%); when combined with the failure to file. You’ll be charged with fees and interests. . 15 have been extended until November 16, 2023. Download the Cashalo App Now! Viist our website for more details. If you fail to accomplish that, you are sustained a three% late payment. This is a reminder to pay your loans early to avoid late fees and penalties. On the Finanso® website, you can pay for any of your. ”]. 15, 2023, and Jan. The new penalty rates will see defaulters pay 10 per cent of the contributor’s amount. If an individual has an underpayment of estimated tax, they. Late payment penalties would apply to all employer Social Security taxes deferred under the CARES Act, if any repayments are late. Published Jan. Learn more here. Amount: ₱3,000 – ₱150,000 (Higher loan limit becomes available as you pay on time through the app) Terms/Rates: Around 2. Input your information and loan terms and submit your application 3. Late fees are another financial penalty for late payment. This section deals with and prescribes the penalties that taxpayers must bear if they fail to file their ITR within a stipulated time limit. The Division of Taxation will issue a bill. Go to IRS Instructions for Form 2210 Underpayment of Estimated Tax by Individuals, Estates, and Trusts for more information. If this makes the payment late, then interest would be charged as well. Remember, these fees and interests are added expenses. Missed VAT deadlines for accounting periods starting on or before 31 December 2022. After 10 days, the IRS will issue a final notice of intent to seize property, and the 0. 1162 Walang kaukulang penalties at late fees na ipapataw sa inyong loan sa loob ng nasabing quarantine period. 5th 615, 619 [“An ’employer’ that ‘willfully fails to pay’ in accordance with sections 201 and 202 ‘any wages of an employee who is discharged or who quits’ is subject to so-called waiting-time penalties of up to 30 days’ wages. WASHINGTON — Hurricane Ian victims throughout Florida now have until February 15, 2023, to file various federal individual and business tax returns and. The penalty for failing to submit a deregistration application on time will reduce from AED10,000 to AED1,000 per month (capped at AED10,000). 3. "Yes, we are busy. Voucher code to be used and mechanics for the following promo are: CASHALO100JUL for. Here’s what will happen if you fail to pay your bank loans. The deadline for fourth-quarter estimated tax payments for 2022 is Jan. 2. 23, 2022, and ending Dec. “Underpayment and Late Payment Penalty Relief for 2020 Tax Year,” February 16, 2021, “Relief from Coronavirus Related Penalties,” December 7, 2020, “Written Statement for November 20, 2020 Hearing of U. 10% if it is more than 7. 00. 5%. The Internal Revenue Service. For individuals, the rate for overpayments and underpayments will be 6% per year, compounded daily, up from 5% for the quarter that began on July 1. IRS Interest Rates Table. Cashalo is a fintech platform that delivers digital credit to Filipinos – helping them elevate their financial well-being. Choose a merchant and your desired item 3. Late penalties may apply. If both a failure-to-file and a failure-to-pay penalty apply in the same month, the combined penalty is 5% (4. Penalty fee: minimum of Rs. An additional 5% of the tax not paid within 180 days after filing your return or April 18, whichever date is later. com For E. Medicare sees this as you were eligible for Part B in March of 2021, but your Part B effective date was not until July 2022. 2. 2 billion in tax refunds owed to taxpayers who paid penalties for late tax returns in 2020 and. If you pay late, you’ll owe 2% of the tax due within 30 days, 10% if paid between 30 and 90. For example, if the VAT payment was due by 31st January and the taxpayer fails to pay the VAT before that date, he will have to pay the penalty at the rate of 5% of the VAT amount due each month or a part of the month. However, in line with Indiana Code 6-8. One-time fee of 5% of the loan amount. Promotion is limited to one transaction per voucher code and may not be used with other vouchers. 5% of the unpaid tax per month based on the return's original due date. Cashalo is a fintech platform that delivers digital credit to Filipinos – helping them elevate their financial well-being. 0% on 8 May 2020. 95% PTE tax)). c. Time may be running out for people who qualify for a chunk of the $1. If you owe tax and are filing after the due date of the return, you should send in payment with your return. The increase in taxes for late payment of instalments will not be imposed for instalments deferredNew York. 5. The Internal Revenue Service (IRS) announced Feb. A late submission penalty of $200 is imposed immediately once the GST return is not filed by the due date. The delinquent filing penalty is five percent of the tax due for each 30-day period that the failure to file continues, not to exceed 25 percent of the total tax. The. Penalty for Late Payments . Let's go back to your example above. The administrative penalty for filing a return late is a fixed amount penalty based on a taxpayer’s taxable income. The failure-to-pay penalty is normally 0. Step 1: Open the Lazada app on either an Android or iOS device. com Cashalo is the online app from Oriente group. 008196721% x 15 = 0. Other payment methods may take up to 24 hours to process. 50 : Czechia : 15. 3493 . 1000 or 10% of the capital amount, cause of late payment every 3, 11, 21, 31 day period. The rates will be: 5% for overpayments (4% in the case of a corporation). Download pdf (2. That would be $12,950 for tax year 2022, the return you'd file in 2023, if you're a single taxpayer who's younger than age 65. News update: The IRS has further extended the deadline to file and pay 2022 taxes to Nov. IL-1120-ST Instructions after December 31, 2022, and 2022 Use for tax year ending on or before December 31, 2023. House Ways. , with SEC Registration No. Failure to darken the headlamps. (e) Penalty and interest on delinquent taxes. A Cashalo loan can be repaid at Cebuana Lhuillier Bills Payment/LBC. 5% late filing and 0. Please note the due date is taken into consideration for only Late Filing Penalty that will be calculated from 04/18. You now have to pay interest of 1. It is applied in case of the common traffic violations. Pay with Cashalo! Cashalo is your partner for cash loans and credit. The Internal Revenue Service today urged those who paid too little tax in 2022 to make a fourth quarter payment on or before January 17 to avoid an unexpected potential tax bill or. 5% for each additional month (or partial month) the failure to pay continues, up to 25% in the aggregate. S. There are maximum fines per year for small businesses. In the revised penalties, self-employed contributors to the NHIF will now pay lower penalties should they default on their contributions. Interest rates: 0% to 3. Pay at least part of what you owe by the. the lesser of 90% of your 2022 taxes or 100% of your 2021 bill if your adjusted gross income is $150,000 or less. L. For LazPayLater. 23, 2022, that interest rates for underpayments and overpayments will increase for the second quarter 2022. There will now be a 2% penalty if the failure is for not more than one month, with an additional 2% per month, not to exceed a maximum 10% penalty. see “Removal of Penalties - Reasonable Cause. Failure to pay penalty (0. The. We calculate the penalty based on: The amount of the underpayment. 202, Tax Payment Options. Read more of Cashalo's Frequently Asked Questions. Universal Citation: 68 OK Stat § 217 (2022) A. If you're not able to pay the tax you owe by your original filing due date, the balance is subject to interest and a monthly late payment penalty. For provincial tax information, check with your provincial agency. A late payment of 10% will be imposed on the balance of tax not paid after April 30 th / May 15 th (Individual: Non-Business) or June 30 th / July 15 th (Individual: Business). Applying to Buy Now Pay Later is fast and easy! 1. Except in the case of an individual income tax return filed with no tax due at the time of filing, if a taxpayer fails to file any return required to be filed with the department on or before the date prescribed. 5% to 5. 42% to 7% per month. A further penalty of $200 is imposed for every completed month that the GST F5/F8 return is not filed. Pay Later At Your Convenience. All loans under the Cashalo Platform are financed by Paloo Financing Inc. Cashalo will show payment details as well as the interest rate during application. You can use this loan to get groceries, pay bills, or cover minor home repairs. Provide your Cashalo Credit ID or Loan ID. S. 5% to 5% of the total amount still owed. The October 16, 2023, deadline also applies to the quarterly estimated tax payments, normally due on January 17 and April 18, 2023. You are also looking at a late filing penalty of 5% of the unpaid tax per month, plus interest. Contact the tax agency for assistance in calculating the penalty and interest. Kansas Income Tax. A late filing penalty is usually charged if your return is filed after the due date (including extensions). And the Cashalo loan app provides a completely different methodology in the supply of lending services than banks. For individual income tax, the penalty is 0.