Compliance activity results
Page Content
The following is an overview of revenue detected through our compliance activities.
Revenue detected: $2.7 million
Penalties applied: $288 000
Interest charged: $38 000
Increased revenue for current financial year: $362 000
Issues identified and focus areas
During 2019-20, the SRO focused on i) incorrectly-classified properties for land tax, ii) non-registered organisations and company grouping for payroll tax, and iii) First Home Owner Grant residency confirmations.
Revenue detected: $6.2 million
Penalties applied: $612 000
Interest charged: $114 000
Refunds: $73 000
Increased revenue for current financial year: $1.3 million
Issues identified and focus areas
During 2019-20, the SRO focused on i) incorrectly-classified properties for land tax, ii) non-registered organisations and company grouping for payroll tax, and iii) First Home Owner Grant residency confirmations.
Revenue detected: $3.5 million
Penalties applied: $350 000
Interest charged: $164 000
Refunds: $20 000
Increased revenue for current financial year: $167 000
Issues identified and focus areas
During the 2018-19, the SRO focused on i) incorrectly-classified properties for land tax, ii) non-registered organisations and company grouping for payroll tax, and iii) First Home Owner Grant residency confirmations.
Revenue detected: $7.4 million
Penalties applied: $718 000
Interest charged: $275 000
Refunds: $113 000
Increased revenue for current financial year: $519 000
Issues identified and focus areas
During 2017-18, the SRO focused on and revenue was detected from i) incorrectly classified properties for land tax and ii) undeclared wages and fringe benefits for payroll tax.
Revenue detected: $9.6 million
Penalties applied: $1 115 000
Interest charged: $392 000
Refunds: $107 000
Increased revenue for current financial year: $1.7 million
Issues identified and focus areas
During 2016-17, the SRO focused on and revenue was detected from i) incorrectly classified properties for land tax and ii) undeclared wages, non-registered organisations and company grouping for payroll tax.
Revenue detected: $7.4 million
Penalties applied: $790 000
Interest charged: $371 000
Refunds: $109 000
Increased revenue for current financial year: $1.3 million
Issues identified and focus areas
During 2015-16, the SRO focused on and Revenue was detected from i) incorrectly classified properties for land tax and ii) undeclared wages and non registered organisations for payroll tax.