13 July 2016

ACT Revenue sleuths to hunt tax cheats

| Charlotte
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Tax investigation

The ACT Government will hire specialist investigators to track down tax cheats as part of a 2016-17 Budget initiative that is projected to recoup $27 million for an investment of $5.7 million over four years.

The specialist team in the ACT Revenue Office will have a range of programming, mathematical and statistical skills, allowing the office to make full use of its new $30 million Revenue IT system, funded in the 2014/15 ACT Budget, to identify non-compliance with ACT tax legislation.

ACT Chief Minister Andrew Barr said most Canberrans were already paying the right level of tax.

“They are being ripped off by companies and individuals that don’t pay their fair share. This isn’t fair and it has to stop,” he said.

“Our hospitals, schools, roads and other infrastructure should not be the victims of tax evasion, and this Budget commitment will allow the government to fund new projects, programs and initiatives that otherwise would not be possible, should tax dodging continue in the ACT.”

The initiative will commence in 2016/17 with the revenue impact expected from 2017/18.

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devils_advocate said :

There’s a well researched behavioural link between voluntary tax compliance and the value that people see from their tax dollars being well-spent. Conversely, if people think their tax dollars are being pissed up against a wall by gormless politicians, they are more likely to look for tax dodges or minimisation schemes.
So, a good place to start with cracking down on revenues would be to stop wasting, and be seen to stop wasting, taxpayer (ratepayer) dollars on worthless white elephant vanity projects.

The late Kerry Packer would be proud of you.

devils_advocate10:57 am 01 Jun 16

There’s a well researched behavioural link between voluntary tax compliance and the value that people see from their tax dollars being well-spent. Conversely, if people think their tax dollars are being pissed up against a wall by gormless politicians, they are more likely to look for tax dodges or minimisation schemes.
So, a good place to start with cracking down on revenues would be to stop wasting, and be seen to stop wasting, taxpayer (ratepayer) dollars on worthless white elephant vanity projects.

wildturkeycanoe8:50 pm 31 May 16

Maybe they should be investigating where the $200,000 plus for each Mr. Fluffy house demolition is going instead. It certainly couldn’t be the wages for the digger and truck driver that smashes up the old house. Perhaps the white plastic they cling wrap the building with is several thousand dollard per metre because of its asbestos containing properties.
Seriously though, I think the legal tax dodging being done by our politicians should be put under the microscope first. Who else gets their own superannuation fund plus taxpayer funded lifetime pension when they retire, and claims the rent they pay their spouse for the house they own as a refundable expense?

Midge said :

Their first job could be to hunt for the $millions lost to the ACT after the sale and redevelopment of the old Brumbies headquarters in Griffith.

And the millions the government lost with the Rhodium Asset Solutions debacle – but maybe not as they don’t know how much they lost (or they are not saying).

Affirmative Action Man4:04 pm 30 May 16

Their first job could be to hunt for the $millions lost to the ACT after the sale and redevelopment of the old Brumbies headquarters in Griffith.

london said :

A_Cog said :

No but presumably the value added over the system is doing something. The article doesn’t mention any other benefit other than the 5 million. 27 million more in taxes probably loses a fair few jobs which will those funds will goto the software vendor / government spending..

It’s not difficult to find out what the system is being built for. I’m not sure what your point was about tax collection either. Are you suggesting that the local government shouldn’t be collecting tax so there’s no “job-loss” (that infamous trickle-down theory….)? I feel like you think the government should still be operating on Commodore 64’s or something.

“He said the aim of the contract was to deliver “better, faster and smarter services” for the tax-paying public. When you break it down, it’s full revenue management, so that includes registration, returns, processing, payments, refunds, collection and tax payer relationship management … There will also be a self-service portal to the ACT tax payers and analytic and reporting to support tax compliance.”

There is a cabal that has no other reasoning ability past Labor bad, Liberal good… and another which gets less of a run but is the opposite. There is no point in debating with either.

I am a Rabbit™12:32 pm 28 May 16

A_Cog said :

No but presumably the value added over the system is doing something. The article doesn’t mention any other benefit other than the 5 million. 27 million more in taxes probably loses a fair few jobs which will those funds will goto the software vendor / government spending..

It’s not difficult to find out what the system is being built for. I’m not sure what your point was about tax collection either. Are you suggesting that the local government shouldn’t be collecting tax so there’s no “job-loss” (that infamous trickle-down theory….)? I feel like you think the government should still be operating on Commodore 64’s or something.

“He said the aim of the contract was to deliver “better, faster and smarter services” for the tax-paying public. When you break it down, it’s full revenue management, so that includes registration, returns, processing, payments, refunds, collection and tax payer relationship management … There will also be a self-service portal to the ACT tax payers and analytic and reporting to support tax compliance.”

Arthur Davies said :

Mordd said :

Already 36 million spent to recoup 27 million.

Where are you getting that figure from? The article clearly states that the cost is $5.7 million over four years… It sounds like you’re taking the cost of the entire IT system upgrade and mistakenly assuming that the system was built for the sole purpose of catching tax cheats.

No but presumably the value added over the system is doing something. The article doesn’t mention any other benefit other than the 5 million. 27 million more in taxes probably loses a fair few jobs which will those funds will goto the software vendor / government spending..

I am a Rabbit™11:58 pm 26 May 16

Mordd said :

Already 36 million spent to recoup 27 million.

Where are you getting that figure from? The article clearly states that the cost is $5.7 million over four years… It sounds like you’re taking the cost of the entire IT system upgrade and mistakenly assuming that the system was built for the sole purpose of catching tax cheats.

Mordd said :

Already 36 million spent to recoup 27 million.
The 36 is actual money and the 27 is optimally projected income. Our hospitals, schools, roads and other infrastructure should not be the victims of another Labor government.

Well I dunno, that a pretty good deal by the ACT Labor/Greens Gov’t standards !!!

I hope the “specialist team” is multilingual.

Already 36 million spent to recoup 27 million.
The 36 is actual money and the 27 is optimally projected income. Our hospitals, schools, roads and other infrastructure should not be the victims of another Labor government.

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