Thursday, October 26, 2017

Excessive fines

I am quite worried about the excessive fines imposed by government agencies.

I submitted my return to ACRA after the deadline and had to pay a fine of $300.

An entrepreneur applied for a patent. He did not reply to email enquiry in the portal for 4 months and had to pay a fine of $800 to continue the application.

He said that it was difficult to login to the IPOS portal as they have four levels of security.

These fines are excessive. It does not help the small businessmen who have to struggle to keep afloat.

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