GIC remission review released
CA ANZ supports the Tax Ombudsman’s 4 recommendations which address member concerns about lack of guidance, inconsistent outcomes and the need for better explanations of decisions...
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First steps toward greater consistency in GIC remissions
Chartered Accountants ANZ welcome ATO changes to interest and FTL penalty remission requests based on member feedback...
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Cost of tax debt to soar in 2025
From 1 July 2025 the general interest charge and shortfall interest charge will become non-deductible, dramatically increasing the cost of tax debt to businesses...
