Enforcing compliance

We check compliance through reviews and audits. Reviews are designed to maintain compliance through a mix of intelligence collection, analysis and explanation. Audits address the risk of non-compliance and involve examination of records to establish the correct liability and/or enforce adherence to obligations.

Our compliance activities sometimes result in adjustments in the taxpayer's favour. This year, we made credit adjustments which reduced liabilities by around $131.8 million in income tax and $65.6 million in GST.

As a result of resolving taxpayer objections to prior year compliance related outcomes, around $900 million of credit amendments were issued during 2012–13 for all markets and segments. For litigation outcomes in large market income tax matters, we issued credit amendments of $104 million.

Last modified: 02 Mar 2015QC 42696