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ATO Publishes GST Administration Annual Performance Report

by Mary Swire, Tax-News.com, Hong Kong

18 December 2012


The Australian Taxation Office (ATO) has issued its yearly goods and services tax administration annual performance report, claiming that in spite of challenges, performance in 2011-12 was positive.

The ATO has a GST administration performance agreement with the Standing Council on Federal Financial Relations. As James O'Halloran, Deputy Commissioner Indirect Tax, explained: "As a party to the agreement, we are committed towards achieving the world's best practice for GST administration in Australia; a cost-effective and transparent GST administration as well as a cooperative relationship between the agreement parties."

Against a challenging economic background, the ATO last year sought to ensure that its performance "remained focused on the efficiency and effectiveness of our GST administration", O'Halloran added.

The ATO collected AUD1.89bn in GST over the past financial year, exceeding its planned collection by AUD240m, or 18%. Part of the increase was driven by a stepping up of compliance activity. Compliance results exceeded the ATO's plan by 16%, with liabilities raised totalling AUD2.3bn, of which pre-issue, adjusted GST refunds totalled AUD529m, a 31% increase from 2010-11.

In addition, pre-issue refund integrity work resulted in AUD529m in liabilities, while post-issue refund integrity work brought in AUD198m. Reviews of more than 35,000 new GST registrations were undertaken, with the ATO cancelling 24% that were not entitled to remain registered.

Finally, the ATO completed 119 GST-related fraud investigations resulting in 57 briefs of evidence referred to the Commonwealth Director of Public Prosecutions (CDPP). 17 GST-related fraud cases were dealt with by the courts, all of which saw convictions recorded and prison sentences imposed, ranging in length from five years to three months.

 

TAGS: court | compliance | tax | tax compliance | tax avoidance | goods and services tax (GST) | Australia | tax authority | revenue statistics | services

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