Objection to Penalties
Dealing with your tax liabilities
Have you failed to lodge your SGC statement on time? Or failed to provide a document regarding your tax-related liability?
This may result in penalties of up to 200% of the SGC amount payable or 75% of the tax-related liability. Don’t be alarmed, TDSA have a successful track record in obtaining remissions for Objections to Superannuation Part 7 Penalties and Objections to Failure to Provide Document Penalties.
Applications for remissions for Penalties have always been a particular work type suited to those that specialise in these applications. That’s us! That’s all we do, all day, every day! Call us to find out how our team at Tax Debt Solutions Australia can lodge an objection on your behalf and achieve an optimal result.
Case study
Client Situation
Business owner in the NDIS landscape came to TDSA with a tax debt of over $1.3m comprising of Part 7 penalties totalling over $200,000 and General Interest Charges (GIC) totalling over $120,000.
Our Strategy
We submitted an objection to the Superannuation Part 7 penalties in addition to a long-term payment arrangement and a comprehensive remission application on behalf of the client.
TDSA Solution
We were granted a full remission of all penalties imposed that had accrued on our client’s superannuation account and a full remission of all GIC imposed. We also secured a long-term payment arrangement that the client could comfortably service.