If we have decided to retain an amount following your request and you later withdraw that request, can we continue to retain the amount?

Yes. We can continue to retain the amount if both the following apply:

  • It would be reasonable to require verification of the information contained in the activity statement or other return and the verification relates to the amount that we would have to refund to you.
  • We have informed you of the decision to retain the amount within the required time (that is, generally by the end of 14 or 30 days after the date of lodgment of the relevant return).
    Last modified: 29 Jan 2013QC 28291