The Commissioner of Taxation Annual Report 2013-14 has been released. For the year: $163.6bn net was collected from individuals; $67.3bn net was collected from companies; $51.4bn in net GST was collected; refunds totalled $97.5bn; an estimated $11.2bn in cash was collected from compliance activities; there were 16.5m tax return lodgements. Interestingly, the report said there … Continue reading Tax Commissioner’s Annual Report Released