General interest charge and shortfall interest charge – a new ATO “penalty?”
After 1 July 2025, taxpayers will no longer be able to claim a deduction for general interest charge (GIC) and shortfall interest charge (SIC), incurred
After 1 July 2025, taxpayers will no longer be able to claim a deduction for general interest charge (GIC) and shortfall interest charge (SIC), incurred
© 2024 Coleman Greig Lawyers | Liability limited by a scheme approved under Professional Standards Legislation. ABN 73 125 176 230
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |