Where people identify they have made a mistake or omission in a previously lodged tax return or activity statement, we encourage them to disclose this and work with us to fix the problem.
We raised $975 million in liabilities as a result of voluntary disclosures. This included around $294 million in additional GST liabilities, with cash collections of $285 million, as a result of voluntary disclosures from large businesses in 2015–16.
2011–12 |
2012–13 |
2013–14 |
2014–15 |
2015–16 |
||
Penalties |
Applicable |
1,729 |
1,574 |
3,999 |
1,633 |
1,362 |
Remitted(a) |
391 |
93 |
1,163 |
549 |
296 |
|
Collected |
564 |
582 |
788 |
498 |
666 |
|
Interest |
Applicable |
4,782 |
3,390 |
3,656 |
3,557 |
1,519 |
Remitted(a) |
1,643 |
699 |
1,285 |
884 |
854 |
|
Collected |
2,402 |
2,717 |
2,254 |
1,887 |
1,706 |
|
|