In some circumstances – Tax debt may be reduced depending on the situation. If you have a  Tax debt, general interest charge (GIC)  is added to what you owe at a specified interest rate. You can request a remission of some or all of the GIC to be remitted, depending on your individual circumstances. The ATO has guidelines to follow in determining if the GIC fits their policy for remission. We can guide you through this process and help you obtain suitable finance for your tax debt.