We protect honest businesses and identify those gaining an unfair advantage by not paying their fair share of tax. One of our focus areas is businesses that deal largely in cash transactions as this provides dishonest businesses with a much greater opportunity to act unfairly.
On 9 May 2017, the Government announced that for income years starting on or after 1 July 2017, it will introduce new rules that enable MITs to acquire, construct or redevelop property for affordable housing.
If we identify income is missing from a tax return, we will correct the return before issuing the notice of assessment. Read how you can help ensure the accuracy of your clients' returns and avoid processing delays.
Tailored assistance is available for taxpayers in drought-affected communities to help manage their tax obligations.