08 Aug 088 And a large bouquet for the ATOIn a sea of brickbats, MEMBER 7 has a large bouquet for the ATO:
"I overlooked lodging a company Tax Return due on 31 March until the normal company lodgment date of 15 May. The error was clearly mine. The ATO’s computer imposed interest penalty for late payment for the six weeks of over $11,000. I am a small practice and this was quite a worrying event. It was my fault so I paid the penalty. I wrote to the ATO explaining the circumstances, my past good record and asked them to reconsider. This they did and remitted the interest in full. I too, have many frustrations with the ATO like some of your members, but I thought this was a very generous and practical action of help to my small office for which I am very thankful."