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Thursday, 31 October 1974
Page: 2200

Senator Townley asked the Minister representing the Treasurer, upon notice:

Will the Treasurer have the Australian Taxation Office add interest to refunds that are made to 'pay as you earn' taxpayers; if so, will he have the interest paid from the middle of the period over which the tax is collected until its return to the taxpayer.

Senator Wriedt - The Treasurer has provided the following answer to the honourable senator's question:

Interest has never been paid on refunds paid to PA YE taxpayers and the Government is not considering changing that situation.

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