MGS Private assists taxpayers in relation to their Part IVC rights under the Taxation Administration Act 1953 (objections and appeals). Here’s a concise overview:
- Objections:
- Definition: If you disagree with a decision the Australian Taxation Office (ATO) has made about your tax affairs, you have the right to lodge an objection.
- Process:
- Lodging an Objection: You must lodge your objection in writing (using the ATO’s form or a letter) within the specified time limit. There is no fee.
- Grounds for Objection: Your objection should be based on specific reasons related to your circumstances.
- Excluded Grounds: Some decisions cannot be objected to, but alternative dispute resolution methods are available.
- Possible Outcomes: An objection can lead to a refund, remission of penalties, or adjustments based on valid grounds.
- External Review:
- Administrative Appeals Tribunal (AAT): If you’re dissatisfied with the ATO’s objection outcome, you can seek external review through the AAT or the Federal Court of Australia.
- Seeking an External Review: In most cases, you must first lodge an objection (and be dissatisfied with the outcome) before pursuing an external review.
Remember, knowing your rights and following the appropriate channels ensures a fair and transparent process. If you have specific questions or need further guidance, contact MGS Private.
