Reviewing your tax liability

1. A practical starting spot is to determine whether you agree with the assessment reached by the Australian Taxation Office on your tax liability.
   
   
2. If you think that your tax liability is incorrect, or you don’t know whether it is , it is sensible to have a tax professional review this for you before doing anything else.
   
   
3. If, upon review, you and your tax professional determine that your tax liability is incorrect, then you may have rights to have that debt reviewed in a number of ways.
   
   
4. The most common way to have your tax liabilty reviewed is to file an objection with the Australian Taxation Office under Part IV of the Taxation Administration Act 1953 (Cth) to have an independent department of the Australian Taxation Office review their previous decision.
   
   
5. If this decision is favourable to you, then the Australian Taxation Office will amend your tax liability accordingly.
   
   
6. If this decision is unfarouvable to you, then your tax liability will remain the same.
   
   
7. However, if you still consider your tax liability to be incorrect, then you may have further rights to have that reviewed decision reviewed again, but by the Administrative Appeals Tribunal or Federal Court (ie, not by the Australian Taxation Office).
   
   
8. We have a separate part of our website in-which we provide more specific information regarding the review of tax debt which we encourage you to read. See further down this page and click “Reviewing Your Tax Debt” to read more, or click “Payment Arrangement” to keep reading generally about addressing your tax liability.