Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
 Download Full Day's HansardDownload Full Day's Hansard    View Or Save XMLView/Save XML

Previous Fragment    Next Fragment
Wednesday, 20 May 1936

Senator JAMES McLACHLAN (SOUTH AUSTRALIA) - Taxpayers are not indebted until the amount of tax set out in the assessment becomes due. The Assistant Minister spoke of taxpayers having the best of the deal, but I do not think that that is the case when money owing to them is not refunded.

Senator Brennan - The point I made was that the Commissioner would always refund an amount overpaid unless there were valid reasons for not doing so.

Senator JAMESMcLACHLAN.Senator Abbott cited the case of a man who overpaid £500 and did not recover it until years later. I could mention an instance even worse than that. When the department holds money belonging to a taxpayer it will retain it as long as it possibly can.

Suggest corrections