Compliance liabilities and cash collections

We completed 3.8 million compliance activities this year, raising $13.8 billion in total liabilities and collecting $9.6 billion in cash (some relating to liabilities raised in previous years). This is compared to total liabilities of $13.5 billion raised and cash collections of $9.6 billion in 2014–15.

FIGURE 2.1 Compliance liabilities and collections by product, 2011–12 to 2015–16

  Liabilities Estimated cash collections
 

Liabilities 2011-12

Liabilities 2012-13

Liabilities 2013-14

Liabilities 2014-15

Liabilities 2015-16

Collections 2011-12

Collections 2012-13

Collections 2013-14

Collections 2014-15

Collections 2015-16

 

$m

$m

$m

$m

$m

$m

$m

$m

$m

$m

Income Tax

8,207

9,066

9,943

9,934

9,470

4,278

5,601

6,112

6,837

6,639

GST

2,683

2,558

4,551

2,965

3,773

1,987

2,033

3,022

2,495

2,814

Superannuation

464

538

654

630

559

233

276

265

235

218

Excise

16

13

37

11

-39

-17

-7

-15

19

-53

TOTAL

11,369

12,176

15,185

13,541

13,762

6,481

7,903

9,384

9,585

9,618

NOTES
Collections are a combination of actual collections and estimates of collections based on sampling.
Collections also include collections on tax, penalties and interest raised in prior years.
Liabilities are the net value of debit and credit amendments from active compliance intervention on returns, statements and claims. The impact is a combination of tax, penalties, interest, and transfer payments, and covers excise, goods and services tax.
Results also include our activities to prevent incorrect refunds or payments being issued.
Over this period, liabilities have been higher than cash collections as a proportion of liabilities raised. This is because large audit results in dispute take time to resolve through court processes.
Cash collections include cash paid on disputed amended assessments raised.
The liabilities and collections figures in this graph have been adjusted to reflect prior-year corrections identified and made. These corrections relate solely to active compliance results. These corrections do not impact the Budget or our financial state.
The liabilities and collections figures for 2010–11 included outcomes from system generated lodgment demand letters. These had not previously been reported. The 2011–12 figures in this graph have been adjusted to remove these results.