Compliance program 2011-12

Internet trading

Businesses are using a number of avenues to advertise their goods and services on the internet. These include individual websites, online newsletters/blogs, internet search engines, online marketplaces and social media platforms.

We will pay particular attention to those using the internet to conduct their business and we will take action, including information matching, where we find businesses trading over the internet and not reporting all their income. Last year a project found under reporting of income by businesses trading over the internet to be a significant issue.

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