Assistant Treasurer Stephen Jones says ongoing Tax Office operations should not be funded on a temporary basis.
Too many Australian Taxation Office employees are working on temporary contracts or labour-hire arrangements, limiting efforts to cut the black economy and corporate tax avoidance,Praising the ATO as a world-leading revenue agency, Mr Jones revealed that Taxation Commissioner Chris Jordan was briefing the Albanese government on plans to better fund operations, including the successful black economy taskforce.
Data from the AusTender reporting system shows the ATO entered into consulting and labour-hire contracts worth more than $270 million since July 1 last year. The program raised $736.2 million in additional tax liabilities in the 2020-21 financial year, as well as an estimated $534.7 million in cash collections.Over the three years to June 2021, the taskforce raised an additional $2.6 billion from new and enhanced enforcement strategies and led improvements to federal government procurement and reporting systems.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The four ways bosses can beat the tightest job market in 48 yearsBusinesses that prioritise margins, focus on their most valuable customers, control costs and pay their best employees will cope with a tight labour market.
Read more »
Indonesian ties an opportunity and challenge for LaborProof of the Labor government’s commitment to stronger engagement in the immediate region.
Read more »
Power struggle: The world’s energy crisis could get worseIf the West and EU hold their lines on Russian energy, the oil and gas crunch now being experienced around the world probably isn’t a temporary phenomenon. |OPINION by theage senior business columnist Stephen Bartholomeusz russia
Read more »
Power struggle: The world’s energy crisis could get worseIf the West and EU hold their lines on Russian energy, the oil and gas crunch now being experienced around the world probably isn’t a temporary phenomenon - and it could deepen.
Read more »
ANZ to offer paid gender affirmation leavePaid gender affirmation leave will be offered to ANZ staff who are taking steps to affirm their gender for social, medical, or legal reasons.
Read more »
Bad bet: Gambling lobby donated $11,000 to Labor before Qld tax hitA lobby group for online gambling companies took a punt on Labor only days before the Palaszczuk government announced the industry would be taxed more.
Read more »