Hello, I am managing my deceased father's estate.
He died in April 2024 and I received probate 2 weeks ago.
At the time of his death, he had outstanding personal tax debts (they were due but had no interest added), and also business tax debts (he was the sole company director)
I earlier spoke to the ATO and they stated they would remove the accrued interest on his taxes as we had no access to his personal or company banking due to probate and complex matters regarding my father as he passed away overseas. In addition to two other family members who passed away where I needed to administer their estates also.
Does anyone have any comments on the ATO and wiping the interest for deceased estates?
The dust has settled now, I now have been granted
probate and will soon access my father's bank accounts to clear these debts. I just would like the interest removed also.