The Australian Taxation Office (ATO) is the principal revenue collection agency for the Australian Government, in charge of administering the Australian taxation system. The Australian Taxation Office is not a legal entity. The Tax Office is within the portfolio of the Treasurer of the Commonwealth of Australia.
The Tax Office is responsible for managing Australia's revenue through collections systems which include income tax, Goods & Services Tax (GST), superannuation and excise. In addition to managing collection systems, the Tax Office also administers various benefits and refunds, including income tax & GST refunds, the superannuation guarantee, higher education loans and the baby bonus. [1]
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Organisational Structure
The Commissioner of Taxation is the head of the Tax Office and is responsible for the administration of Australia's taxation system. The Commissioner of Taxation (and three Second Commissioners of Taxation) are appointed by the Governor-General of the Commonwealth of Australia for terms of seven years.
The Commissioner and Second Commissioners are eligible for re-appointment after each term. [2] The current Commissioner is Michael D'Ascenzo (appointed in January 2006), the previous Commissioner was Michael Carmody.
The Tax Office's operations are managed through sub-plans which are used to allocate resources. The sub-plans are:
- Compliance
- Easier, Cheaper & More Personalised
- Information Technology
- Law
- Operations
- People & Place
Business and service lines (BSLs) exist within each sub-plan. Each BSL focuses on a market segment (such as 'Micro Enterprises & Individuals') and a revenue product (such as 'Income Tax').
Performance
The Commissioner of Taxation releases an Annual Report each financial year. The Annual Report outlines the Tax Office's performance and achievements for each financial year.
Some of the highlights outlined in the 2006-07 Annual Report include:
- net tax collections increased to AUD$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.[3]
See also
- Taxation in Australia
- Business Activity Statement
- Taxpayer's Charter
- Taxation Administration Act
References
- ^ "Who are we?". Commonwealth of Australia. 2008-05-26. http://www.ato.gov.au/corporate/content.asp?doc=/content/53363.htm&pc=001/001/002/007/003&mnu=39512&mfp=001&st=&cy=1. Retrieved on 2008-06-15.
- ^ "ComLaw Act Compilations - Attachment - Taxation Administration Act 1953". Commonwealth of Australia. n.d. http://www.comlaw.gov.au/ComLaw/Legislation/ActCompilation1.nsf/framelodgmentattachments/A4C2BFCF9E5E0EF3CA2573AD0026811A. Retrieved on 2008-06-15.
- ^ "Commissioner of Taxation Annual Report 2006-07". Commonwealth of Australia. n.d. http://www.ato.gov.au/print.asp?doc=/content/00108378.htm. Retrieved on 2008-06-15.
External links
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