late_payment_penalty_estimate
Estimate the unified UAE late-payment penalty on overdue tax using the 14% per annum rate pro-rated by days late.
Instructions
Estimate the unified UAE late-payment penalty on overdue tax.
Cabinet Decision 129 of 2025 applies a flat 14% per annum to unpaid tax, effective 14 April 2026, unifying VAT, Excise and Corporate Tax. This pro-rates that rate by days late and is an approximation to confirm with the FTA.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| days_late | Yes | ||
| tax_due_aed | Yes |
Output Schema
| Name | Required | Description | Default |
|---|---|---|---|
No arguments | |||