CA ANZ recently had the opportunity to provide feedback on draft standard practice statement ED0209: Options for relief from child support debt. This draft standard practice statement sets out the Commissioner’s practice for providing relief when the immediate payment of an overdue child support or domestic maintenance obligation is not possible.
There is little information published by Inland Revenue to help a liable person to fully understand when the Commissioner will agree to a payment plan or write off penalties. When published, the standard practice statement will be a resource for liable persons and tax agents/practitioners to refer to. As many readers of this statement may be unaccustomed to reading technical tax statements we recommend practical examples be included, or a simplified fact sheet be published.