Performance
The Commissioner of Taxation is required to prepare and release an Annual Report each financial year. The Annual Report outlines the ATO's performance and achievements for each financial year.
Some of the highlights outlined in the 2008-09 Annual Report include:
- Net cash collections were $264.5 billion. (1.2% above the 2009 Budget forecast for 2008–09);
- About $41.2 billion collected in GST for state and territory governments;
- Some 86% of individuals and 90% of businesses agree that the ATO is doing a good job, and 86% of tax agents feel that ATO systems and processes are being improved to make it easy for them to deal with Australia’s tax system.
Some of the highlights outlined in the 2006-07 Annual Report include:
- net tax collections increased to A$248.0 billion;
- 1,508,847 registrations were received and processed;
- 18,024,081 activity statements and 14,324,880 income tax returns were processed;
- the growth of debt was slowed to 5.4% for the year, compared with 6.4% in 2005-06;
- 1,573,993 debt cases were finalised.
Read more about this topic: Australian Taxation Office
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