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21 Nov 12 IGT to review delayed income tax refunds, superannuation excess contributions tax and data matching

The Inspector-General of Taxation has announced terms of reference for three reviews relating to the ATO’s compliance approaches to individual taxpayers: IGT media release (20 November 2012).

The three areas for review are:

  • The ATO’s income tax refund integrity program — this review will consider the efficiency and transparency of the integrity program and whether the actions taken are appropriate given the impact on taxpayers and tax practitioners on the one hand and the risk to government revenue on the other.
  • The ATO’s administration of superannuation excess contributions tax (ECT) — this review will consider the transparency of ATO ECT decisions including the basis for assessment and the ATO’s exercise of discretion to reallocate or disregard excess contribution amounts.
  • The ATO’s use of data matching — this review will consider the data integrity, analysis and communication relating to a range of different ATO data matching activities as well as the nature of engagement with taxpayers in resolving disputes arising from data “mismatches”.

Each review will examine the specific concerns and identify improvement opportunities for the system.

Submissions are due by 18 December 2012.

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