Revenue assurance

To build confidence and to increase clients paying the right amount of tax at the right time we undertake compliance activities based on transparency, risk and behaviour.

Performance measures

Results

2013–14

2014–15

2015–16

Activities

Number of compliance audits, reviews and other checks undertaken

5.3 million

4.7 million

3.8 million

Number of international information exchanges (inbound* and outbound**)

Refer to Appendix 14 for correction to the 2014–15 published result

na

233 *
281 **

282 *
409 **

Number of excess contributions determinations issued

66,000

52,400

96,525

Number of Division 293 tax assessments issued

96,900

118,500

137,673

Timeliness

Proportion of excess contributions issued within 6 months of ATO receiving all relevant information

na

88%

94.5

Quality

Proportion of self-managed superannuation funds contraventions compared to the total number of self-managed superannuation funds

na

na

1.6%

Value

Value of tax collected (gross*, net**)

$419.2 billion *
$321.7 billion **

$432.3 billion *
$336.8 billion **

$440.0 billion *
$342.6 billion **

Value of refunds paid

$97.5 billion

$95.5 billion

$97.4 billion

Variation of actual administered expenses to budgeted administered expenses

na

$720.7 million

Above original Budget forecast

$47.5 million

Above original Budget forecast

Value of compliance liabilities raised* and collected** as a result of compliance audits, reviews and other checks

$15.2 billion *
$9.4 billion **

$13.5 billion *
$9.6 billion **

$13.8 billion *
$9.6 billion **

Value of penalties and interest collected

$3.0 billion

$2.4 billion

$2.4 billion

Value of debt (holdings*, collected**)

$34.2 billion *

$35.1 billion*

$19.2 billion **

Value of debt not pursued because it is uneconomical to do so

$3.4 billion

$1.4 billion

$1.7 billion

Value of excess contributions determinations issued

$256.4 million

$324.8 million

$789.3 million

Value of Division 293 tax assessments issued

$294 million

$378.9 million

$504.1 million