CPA Australia supports the Tax Ombudsman’s call for fairer General Interest Charges (GIC) remission and welcomes the ATO accepting all recommendations to improve transparency, consistency and fairness. The group says reforms must include empathy and proportionality, especially for taxpayers facing genuine financial hardship. It stresses clearer guidance, better communication and more balanced decision-making, particularly since GIC became non-deductible in 2025, increasing financial pressure on individuals and small businesses.
CPA SUPPORT FOR A FAIRER ATO
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Michael Walls
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