1998 Income Tax Returns for Clients of Tax Agents Late Filing Penalty Pursuant to section 139a (5) of the Tax Administration Act 1994, Inland Revenue hereby gives notice to taxpayers with an arranged extension of time through their tax agent, which expired on the 31 March 1999, that any 1998 IR3, IR4 and IR5 income tax returns still outstanding 30 days after the publication of this notice will incur a late filing penalty. The penalties to be imposed are as follows: Net AnnualIncome Late Filing Penalty Below $100,000 $50 Between $100,000 and $1,000,000 incl. $250 Above $1,000,000 $500 Taxpayers affected by this notice should contact their tax agent immediately to arrange for their tax return to be completed and returned to Inland Revenue.