12 August 2022
Did you know that the Tax Integrity Centre received around 43,000 tip-offs from community members last financial year, more than half of them relating to the shadow economy?
We estimate that around $11 billion is lost to the shadow economy each year. That estimated $11 billion could have been used for essential services such as health, aged care and disaster response.
You may even personally know a business operator who doesn't declare all their income, demands cash from customers, pays workers “cash in hand” or doesn't report all sales.
These are just a few examples of dishonest and criminal activities that can happen outside the official tax and regulatory systems, the shadow economy.
If you suspect shadow economy behaviour, you can make a tip-off to our Tax Integrity Centre.
Making a tip-off only takes a few minutes and can be done through our website or over the phone. You can remain anonymous, but if you provide your contact details we can follow up with you if we need further information. Even if you don't know all the details, any information you provide is important.
You may also qualify for protection as a tax whistleblower.
If you think someone's doing something wrong, let us know and help us keep things fair.
Media: What is the shadow economy?http://tv.ato.gov.au/ato-tv/media?v=bi9or7odq7349rExternal Link (Duration: 00:01:39)
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