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IGTO - General Interest Charge

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Status: Answered, finished
Asked by: Senator Claire Chandler
Committee: Economics
Portfolio: Treasury
Agency: Inspector-General of Taxation
Round: 2026-27 Budget estimates
Question No: BET194
Asked: 14 June 2026
Answer due: 23 July 2026

Question

1. Is the IGT aware of what date the General Interest Charge policy change occurred? 2. Could you please outline what information you did seek from the Australian Taxation Office as part of your investigation into the General Interest Charge policy? 3. What are key areas of concern for IGT have with the administration of the tax system, particularly as it relates to small businesses?

Answer

See attached response.

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