spacer
spacer
spacer
spacer



CPA LOGO
spacer
Latest News
Hot Issues
Businesses ghosting the ATO targeted in debt collection blitz
Claiming the tax-free threshold: getting it right
Aussies tired of ‘dodgy tax criminals’, warns ATO
Protect your small business by following these essential steps.
Super guarantee a focus area for ATO business debt collection
Controversial ‘Airbnb tax’ set to become law
Withholding for foreign residents: an ATO focus area
1 in 3 crypto owners confused about tax, study reveals
20 Years of Silicon Valley Trends: 2004 - 2024 Insights
ATO reveals common rental property errors from data-matching program
New SMSF expense rules: what you need to know
Government releases details on luxury car tax changes
Treasurer unveils design details for payday super
6 steps to create a mentally healthy and vibrant workplace
What are the government’s intentions with negative gearing?
Small business decries ‘unfair’ payday super changes
The Leaders Who Refused to Step Down 1939 - 2024
Time for a superannuation check-up?
Scam alert: fake ASIC branding on social media
Millions of landlords the target of expanded ATO crackdown
Government urged to exempt small firms from TPB reforms
ATO warns businesses on looming TPAR deadline
How to read a Balance Sheet
Unregistered or Registered Trade Marks?
Most Popular Operating Systems 1999 - 2022
7 Steps to Dealing With a Legal Issue or Dispute
How Do I Resolve a Dispute With My Supplier?
Changes to Casual Employment in August 2024
Temporary FBT break lifts plug-in hybrid sales 130%
The five reasons why the $A is likely to rise further - if recession is avoided
June quarter inflation data reduces risk of rate risk
‘Bleisure’ travel claims in ATO sights, experts warn
Taxing unrealised gains in superannuation under Division 296
Most Gold Medals in Summer Olympic Games (1896-2024)
Articles archive
Quarter 3 July - September 2024
Quarter 2 April - June 2024
Quarter 1 January - March 2024
Quarter 4 October - December 2023
Quarter 3 July - September 2023
Quarter 2 April - June 2023
Quarter 1 January - March 2023
Quarter 4 October - December 2022
Quarter 3 July - September 2022
Quarter 2 April - June 2022
Quarter 1 January - March 2022
Quarter 4 October - December 2021
Quarter 3 July - September 2021
Quarter 2 April - June 2021
Quarter 1 January - March 2021
Quarter 4 October - December 2020
Quarter 3 July - September 2020
Quarter 2 April - June 2020
Quarter 1 January - March 2020
Quarter 4 October - December 2019
Quarter 3 July - September 2019
Quarter 2 April - June 2019
Quarter 1 January - March 2019
Quarter 4 October - December 2018
Quarter 3 July - September 2018
Quarter 2 April - June 2018
Quarter 1 January - March 2018
Quarter 4 October - December 2017
Quarter 3 July - September 2017
Quarter 2 April - June 2017
Quarter 1 January - March 2017
Quarter 4 October - December 2016
Quarter 3 July - September 2016
Quarter 2 April - June 2016
Quarter 1 January - March 2016
Quarter 4 October - December 2015
Quarter 3 July - September 2015
Quarter 2 April - June 2015
Quarter 1 January - March 2015
Quarter 4 October - December 2014
Aussies tired of ‘dodgy tax criminals’, warns ATO

The Tax Office has revealed that 250,000 tip-offs have been received about tax avoidance and dishonest behaviours since July 2019.



.


The ATO has received thousands of tip-offs from businesses, customers, community members, employees, family members and friends about people who have engaged in tax avoidance.


The Tax Office said it received 250,000 tip-offs since July 2019, with more than 47,000 received in the 2023–2024 financial year.


Australians are reporting tip-offs as they understand the detriment of cheating the tax system, the ATO said. 


 

ATO assistant commissioner Tony Goding said dodging tax results in money being taken away from essential community services. 


“Australians are fed up with dodgy behaviours in the community and are stepping up to help level the playing field by tipping off the ATO,” he said.


“Tip-offs about taxpayers not declaring income, demanding cash from customers, paying workers in cash to avoid paying tax and super, not reporting sales and where someone’s lifestyle doesn’t appear to match their income.”


Based on the number of tip-offs received from community members, the ATO estimated $16 billion in stolen taxes.


This was attributed to businesses having engaged in “cash jobs” each year.


Building and construction, cafes and restaurants, as well as hairdressing and beauty services, topped the list of industries the ATO was tipped off about during the 2023–2024 financial year.


Goding said people who will likely try to cheat their competitors and the community will likely try to cheat their customers too.


“These businesses are deliberately undercutting their competitors and gaining an unfair advantage in their industry,” Goding said.


“The number of reports we have received tells us that Aussies have had enough. Dodging your tax obligations clearly no longer passes the pub test.”


In the 2023–2024 financial year, NSW had the most reported tip-offs at 15,516.


This was followed by Victoria at 11,256 and Queensland at 10,629.


Goding noted that while Sydney and Melbourne had the most tip-offs, reports came from regional areas as well as capital cities.


The top regional towns for tip-offs were all in Queensland and included the towns of Mackay, Bundaberg and Caboolture.


According to the ATO, community tip-offs are a crucial source of information with almost 1,000 received every week.


During 2023–2024, 90 per cent of tip-offs received by the ATO were suitable for further investigation.


If deemed suitable for further investigation, cases were carried out by specialised teams and ATO task forces, such as the cross-agency shadow economy task force.


The ATO said in early 2024, community tip-offs helped the organisation crack down on businesses that used electronic sales suppression tools to avoid paying almost $23 million in tax.


Goding said making a tip-off is anonymous, quick, and simple.


“When we receive information through a tip-off, we cross-check the information and assess whether further action is required,” he said.


“A tip-off can provide the ATO with crucial information it needs as part of an investigation, sealing the fate of those who intentionally do the wrong thing.”


 


 


 


 


Imogen Wilson
15 October 2024
accountantsdaily.com.au


 


 




24th-November-2024
spacer
Privacy Policy | Disclaimer