Requesting Remissions for GIC, SIC & FTL Penalties - February 2026
By Lisa Greig
•
27m CPD time
Stay updated with the latest changes to remission requests as of February 2026, including relevant guidance and practice statements to boost your chances of success with the ATO!
In this session, we cover:
Tax Ombudsman Review - how we got here
Request for remission changed on 22 January 2026
General interest charge (GIC) remissions - PS LA 2011/12
Shortfall interest charge (SIC) remissions - PS LA 2006/8
Failure to lodge (FTL) penalty remissions - PS LA 2011/19