ATO ‘let bosses off super penalties’

The Australian Taxation Office has admitted it failed to apply the law and allowed businesses to skirt any penalty for failing to pay employees’ superannuation.

ATO 'let bosses off super penalties'

ATO deputy commissioner James O’Halloran, who is in charge of the department’s superannuation division, told a Senate estimates hearing he had mistakenly believed the tax ­office had the discretion to waive penalties to businesses that came forward and declared they had failed to pay into workers’ superannuation.

Read the full article at The Australian.

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