Compliance program 2011-12

Government payments

Some micro businesses are receiving payments from government agencies as the result of the Economic Stimulus Plan and other initiatives. To ensure that this income is correctly accounted for in tax returns and activity statements, we continue to collect and match payment details.

We have received information relating to payments made by the Department of Climate Change and Energy Efficiency to over 10,000 insulation installers. We also use our data-matching program to analyse payments made to businesses by state governments and building management groups under the Building the Education Revolution program.

We will identify businesses that have received government payments. We will review the tax affairs of businesses we suspect of not correctly reporting this income, or not meeting their pay as you go withholding and superannuation obligations.

Sections within Micro enterprises

• Employer obligations
• Contractors
• Information matching
• Government payments
• Internet trading
• Reconstruction activity
• Cash economy
• Small business benchmarks
• Investments
• Self-managed superannuation funds
• Business activity statements
• Wine equalisation tax producer rebate
• Excise equivalent goods
• Managing tax debt