Skip to main content
shopping_cart

Your shopping cart is empty

27 Sep 11 Interest on overpayment

In 2010 the ATO experienced delays in issuing some refunds during the introduction of its new income tax processing system. As a result, agent's clients may have been entitled to interest on overpayment (IOP). Most of these interest amounts were small, therefore if a client was entitled to IOP, the ATO advises that it credited their ATO account with the interest. Unless a refund is requested, this credit will be included in their next income tax assessment.

 


Media Release Search
Keywords
Eg. TD 2005/D52 ALL words EXACT phrase WITHOUT words Date range
From To