Examples of prorate in a sentence. 1  The player's annual salary was prorated because he only played for the last three months of the season. 2  shares in the company's profits were prorated according to the workers' length of service.
Can a utility company charge a late charge on a late charge that is carrying forward? They claim they apply the payment to the late charge first and then because the remaining balance doesn't match the total due, they continue to charge an additional late fee on the unpaid balance. Doesn't this amount to charging a late fee for an unpaid late fee no matter how they wash it through the billing?
In addition to late fees, you must also pay interest if you file late. Interest accrues from the due date until the date paid. The interest due is equal to: (interest rate / 360) x (tax owed amount) x (number of days late) You will not be charged a late fee or interest if you do not owe any tax. But you must still file a tax return.