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In media release No 2010/053, the Assistant Treasurer, Senator Nick Sherry, announced the the release of the ATO's Taxation Statistics for 2007-08.

For the 2007-08 income year:

  • 14.8 million returns were lodged, an increase of 6.7% from 2006-07
  • individual returns represented 85.2% of all returns lodged
  • trusts experienced the largest growth in the number of returns lodged, with an increase of 8.3% from 2006-07
  • the proportion of individuals lodging returns using e-tax increased to 17.7%.

The Assistant Treasurer said: "The statistics...reinforce the Rudd Government's view that the tax system is too complex and costly for everyday Australians with normal tax affairs. In 2007-08, the average cost for managing tax affairs by an individual increased 12.4% to $301.34 per person."


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