IPA welcomes Tax Ombudsman's review into GIC
What happened
"The ATO's own review from 2024 showed that 77 per cent of remission decisions were not compliant with its internal guidelines and procedures — and 42 per cent did not even consider the cause of the delay in payment," said Chen. The failure to consider personal circumstances or the cause of delay in particular disproportionately affects small businesses, many of which are owner-operated and do not have abundant resources to take care of their tax affairs. This matters for Professional Services & HR because capacity and lead-time signals can move supplier prioritization, award timing, and contingency lanes with 2024, 77, 42 as the clearest commercial anchors; buyers should plan for rate card updates
Buyer takeaway
For Professional Services & HR, this is mainly an availability and execution signal; sequencing, fallback coverage, and supplier responsiveness may matter more than list price
Cost / money
Tighter availability often shows up later as expediting, standby, or substitution cost. The immediate job is to see where delays could become avoidable spend
Supplier / commercial
Capacity pressure usually strengthens supplier leverage. Check who can still commit on timing, what backup coverage exists, and whether current contract language protects against slippage
Safety / operations
Where supplier availability tightens, schedule pressure can spill into safety or quality risk if teams start accepting late substitutions or compressed mobilization windows
What to watch
Watch lead times, crew or vessel allocation, and whether suppliers are quietly narrowing commitment windows before the next sourcing gate
Key facts
- "The ATO's own review from 2024 showed that 77 per cent of remission decisions were not compl
- The failure to consider personal circumstances or the cause of delay in particular disproport
- " Chen said it was particularly concerning that the review found 92 per cent of phone request
- Miranda Brownlee AUTHOR Miranda Brownlee is the deputy editor of SMSF Adviser, which is the l
