ATO focus areas

Commissioner’s speech highlights ATO’s focus 

The Commissioner of Taxation highlighted the areas in which the ATO has recently increased its focus, including:

  1. undeclared income
  2. individuals’ unexplained wealth or lifestyle
  3. incorrectly claimed private expenses
  4. unpaid superannuation guarantee, and
  5. cash-only businesses and those with low usage of merchant banking facilities, with black economy visits to over 2,600 businesses across 8 locations in 2017

The Commissioner also highlighted ongoing ATO concern with respect to the predicted ‘work-related expense claim gap’, which (at least by the ATO’s estimates) could amount to being greater than the ‘large corporate tax gap’ of $2.5 billion of lost revenue.

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