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On 14 October 2024, the ATO announced that it had received 250,000 tip-offs from the community about tax avoidance and other dishonest behaviours since 1 July 2019. More than 47,000 tip-offs were reported in the 2023–24 financial year alone.
The ATO estimates that lost taxes amount to around $16 billion because of businesses not complying with their tax obligations. The ATO concludes that 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 about taxpayers not declaring income, demanding cash from customers, paying workers in cash to avoid paying tax and superannuation, not reporting sales, and where someone’s lifestyle does not appear to match their income.
Building and construction, cafes and restaurants, and hairdressing and beauty services were the industries that the ATO received the most tip-offs about in 2023–24. The highest number of tip-offs were received from New South Wales residents (15,516 tip-offs), followed by Victorians (11,256 tip-offs) and Queenslanders (10,629 tip-offs). While Sydney and Melbourne had the most tip-offs, the ATO also received reports from regional post codes.
Approximately 90% of tip-offs analysed by the ATO in 2023–24 were deemed as being suitable for further investigation.
Businesses who have been operating in the shadow economy are encouraged to speak to their registered tax professional or the ATO to work to get it right.
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