We are focused on improving our regulatory performance, capability, and culture.
To achieve these improvements and comply with best practice, we have developed tailored performance monitoring and reporting processes.
Our key activities and performance measures directly support the accomplishment of the three principles of regulator best practice.
Regulator report
|
Element |
Continuous improvement and building trust
|
Risk-based and data driven
|
Collaboration and engagement
|
|---|---|---|---|
|
Key activity Increase trust and confidence in the tax and regulatory system by supporting the profession and taking proportionate action to address those practitioners who do the wrong thing.
|
✔ |
✔ |
✔ |
|
Stakeholders The profession |
✔ |
✔ |
✔ |
|
Stakeholders Other government partners |
✔ |
✔ |
✔ |
|
Stakeholders Consultation mechanisms |
✔ |
✔ |
✔ |
|
Performance measures Tax practitioner feedback |
✔ |
✔ |
✔ |
|
Performance measures Proportion of completed risk assessments |
✔ |
✔ |
✔ |
|
Performance measures Sanctions are appropriate |
✔ |
✔ |
– |
|
Regulator Statement of Intent
|
✔ |
✔ |
✔ |
Our Ministerial Statement of ExpectationsExternal Link and Regulator Statement of IntentExternal Link are publicly available on the Treasury website.