Compliance program 2011-12

Information matching

We cross reference information reported in tax returns and activity statements against transactions reported by other parties including:

• payments received from government programs
• payments to contractors
• income from investments and partnerships and trusts distributions
• property and share ownership and disposals
• foreign transactions and international funds transfers.

In this way we are able to identify micro enterprises that have not lodged, have under-reported income and goods and services tax or over-claimed entitlements.

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