Can the Greg Singh & Co fee be deducted from a tax refund?
Yes, the Greg Singh & Co fee can be deducted from an ATO refund and the net funds can either be direct credited into a clients bank account or paid to via a cheque. An administrative charge of $10 is payable in these circumstances. However, it should be noted that in some circumstances, with the possibility of reduced refunds by the ATO because of factors such as unpaid child support, outstanding tax debts, over claiming of Family Tax Benefit due to understatement of family income or unpaid HECS or HELP debts together with the Greg Singh & Co costs spent in processing, an additional fee may be payable. This will be advised if it occurs.
