Submitted by
Moderator - Board of Taxation Secretariat
Date
17/03/2016
Issue
The Board is interested in getting a better understanding of what the biggest irritant are when dealing with this regime. It would be great if the community could please provide some examples.
Overhaul Interest on Overpayments
The Interests on Overpayments (IOP) regime needs to be overhauled. The current system is difficult to understand and administratively complex.
Board response
The Board is interested in getting a better understanding of what the biggest irritant are when dealing with this regime. It would be great if the community could please provide some examples.