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Compliance program 2009-10

Warning: This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

Large businesses

There are about 1,100 business groups in Australia with an annual turnover of more than $250 million. These large businesses contain about 32,500 entities. Around 66% are public companies and about 60% are Australian-owned. This segment includes 75 superannuation funds with around 16 million member accounts.

Large businesses pay about 36% of the total tax and 53% of GST we collect. As well as making a significant direct contribution to revenue, large businesses also have significant tax and superannuation obligations as employers of about 24% of Australia's workforce.

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