This is our fourth publicly released Compliance program. The previous programs were framed against the backdrop of major reform of Australia’s revenue system.
Our challenge was to embed the compliance improvements promised by that reform. This has involved a progressive rebalancing of our service and enforcement approaches.
The collections outcome over that period, together with the trend in compliance results detailed in this program, suggest we have met that challenge.
We have done that by better differentiating our responses to compliance risks – making it easier for those trying to do the right thing and tougher for those setting out to avoid their responsibilities.
Our challenge now is to build on those achievements by encouraging more people into low-risk approaches, and continuing to deal firmly with the more egregious cases.
One way we do this is to publish the Compliance program each year. By detailing the compliance risks as we see them, and what we are doing to address them, we send a clear message to the community on how to avoid the risks associated with non-compliance.
This is a message we have taken directly to the board rooms of companies in Australia by raising the issue of corporate governance and tax risk management.
New directions outlined in the individuals and large business segments of this program offer the prospect of greater certainty for those who adopt low-risk practices in meeting their responsibilities.
We aspire to leadership in compliance management – by doing that we ensure the integrity of Australia’s revenue system into the future.
Publishing this program demonstrates our accountability and progress in meeting that aspiration.
Michael Carmody Commissioner of Taxation
Date Issued: Friday, 4 November 2005
Updated Compliance Program 2005-06 - This information was updated on 13 October 2005