Our investigations are managed through our compliance program where we:
identify and contact individuals and businesses who may need to register but have not yet done so
use sophisticated data matching techniques to identify if a client has understated their liability
identify recipients of first home benefits who did not meet the eligibility criteria.
Our compliance program for 2011–12 identified over $298 million in additional revenue across all revenue bases. This was achieved through:
auditing 1,495 registered payroll tax clients which identified $75.9 million in additional payroll tax revenue
contacting over 1,944 employers not registered for payroll tax who our data matching suggested may be liable. Of these, 1,812 were found to be liable. We helped these clients to register and issued assessments for a total of $40.5 million in additional payroll tax revenue.
investigating over 17,900 landholders that were either not assessed for land tax or had incorrect exemptions. This resulted in 12,500 new liabilities and identified $135 million in additional land tax.
First home benefits
investigating 516 First Home Owner Grant applications, resulting in 191 recipients having to repay the grant and pay penalties to the value of $2.4 million
investigating 268 First Home Plus applications, resulting in 222 duties exemptions or concessions being repaid. The cancellation of these exemptions and concessions resulted in $2.8 million in additional duty, including interest and penalties
auditing 2 financial institutions to ensure compliance with the First Home Owner Grant Deed of Arrangement.
conducting 958 EDR audits which covered 12,567 transactions. 1.13% of these audited transactions were found to be liable, identifying $.825 million in additional duty
investigating 13,911 transactions across all duties tax bases resulting in 542 additional liabilities being raised and the identification of $17.04 million in additional duty, interest and penalties.
Parking space levy
conducting 286 parking space levy audits identifying $2.5 million in additional parking space levy revenue.