The ATO on Fri 18.1.2013, released a Decision Impact Statement on the following case:
- AAT Case [2012] AATA 848, Re Waldeck and FCT – In this case, the AAT remitted in full a 25% penalty imposed on a taxpayer for claiming PAYG withholding credits in his tax returns which were not withheld by his employer for the 2009 and 2010 income years. In the Decision Impact Statement, the ATO said the Tribunal’s decision to remit the penalty was based on the facts in this particular case and will have no impact on other cases.
[LTN 12, 18/1/13]