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Interest without relief? What the Tax Ombudsman’s GIC report means for taxpayers Alex Patrick, Aylin Harapoz and Wendy Sampurna consider the Ombudsman’s general interest charge report and the ATO’s response. The Tax Ombudsman (Ombudsman) released a report, on 2 March 2026, following a review into the Australian Taxation Office's (ATO's) management of remission of the general interest charge (GIC). Key takeaways The Ombudsman's report identified concerns from taxpayers, advisors and industry bodies concerning the communication of GIC remission decisions and taxpayer's review rights, as well as inconsistent outcomes to these decisions. The Ombudsman made recommendations to ensure that the exer... Sign in below or register now to read the full article |
Authors: Alex Patrick, Aylin Harapoz, Wendy Sampurna
Published Date: 19 March 2026 |
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