• Skip to content
  • Skip to navigation

Grant Thornton Australia

Grant Thornton uses cookies to monitor the performance of this website and improve user experience.

If you are happy to accept cookies from this site, please check the box.

To find out more about cookies, what they are and how we use them, please see our privacy notice, which also provides information on how to delete cookies from your hard drive.

How to be COVIDSafe when visiting Grant Thornton offices. Find out how

Global site
  • Global site
Grant Thorton Logo

Grant Thornton Logo Grant Thornton Logo

Contact us
  • Insights
  • Services
  • Industries
  • Meet our people
  • Careers
  • News centre
  • Locations
  • About us
  • Audit
  • Tax
  • Risk
  • Forensics
  • Deals
  • Finance and funding
  • Insolvency
  • Restructuring and turnaround
  • Business services
  • Consulting

  • Market services
  • Asia
  • Indigenous advisory
Audit Home
  • Compliance audits & reviews
  • Audit quality
  • Financial reporting advisory
  • Audit advisory
Tax Home
  • Corporate tax & advisory
  • Private business tax & advisory
  • Tax compliance
  • Employment tax
  • International tax
  • GST, stamp duty & indirect tax
  • Tax law
  • Research and development & government incentives
  • Data transformation and analytics
  • Corporate simplification
Risk Home
  • Payroll assurance
  • Cyber resilience
  • Internal audit
  • Financial crime
  • Consumer Data Right
  • Risk management
  • Controls assurance
  • Governance
  • Regulatory compliance
Forensics Home
  • Forensic accounting and dispute advisory
  • Investigations
  • Digital forensics
  • eDiscovery
Deals Home
  • Mergers and acquisitions
  • Acquisition search & strategy
  • Divestments
  • Operation deal services
  • Transaction advisory
  • Business valuations
  • Tax in mergers & acquisition
Finance and funding Home
  • Corporate finance
  • Debt advisory
  • Working capital optimisation
  • Capital markets
  • Capital raising
  • Private equity
  • Financial modelling
  • Payments advisory
Insolvency Home
  • Voluntary administration & DOCA
  • Corporate insolvency & liquidation
  • Complex and international insolvency
  • Safe Harbour advisory
  • Bankruptcy and personal insolvency
  • Creditor advisory services
  • Small business restructuring process
Restructuring and turnaround Home
  • Independent business reviews
  • Commercial performance
  • Safe Harbour advisory
  • Corporate simplification
  • Director advisory services
  • Debt advisory
Business services Home
  • Business planning & strategy
  • Private business company secretarial services
  • Outsourced accounting services
  • Superannuation and SMSF
  • Management reporting
  • Financial reporting
  • Forecasting & budgeting
  • ATO audit support
  • Family business consulting
  • Private business taxation and structuring
  • Outsourced CFO services
Consulting Home
  • Management consulting
  • Technology consulting
  • Financial consulting
Asia Home
  • China
  • India
  • Japan
  • Case study: Restructuring solutions
  • Agribusiness, food & beverage
  • Automotive dealers
  • Education
  • Energy & resources
  • Financial services
  • Health & aged care
  • Life sciences
  • Manufacturing
  • Not for Profit
  • Professional services
  • Public sector
  • Real estate & construction
  • Retail & consumer products
  • Technology & media
Agribusiness, food & beverage Home
Bite Size Dealtracker Food, Beverage & Agribusiness industry insights
Key insights for the Australian Food, Beverage & Agribusiness industry.
Financial services Home
  • Banking
  • Fintech
  • Private Health Insurance
  • Superannuation
  • Asset management
  • BEAR FAQs
  • Open banking
Royal Commission wrap up Top 10 things for Financial Services providers
Eleven months on from the first round of hearings for the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, Commissioner Hayne’s final report has been released.
Health & aged care Home
Aged Care Royal Commission Perspectives on the Future of Ageing
Transitions in ageing are not consistent and systematic as they are described by our ageing systems. Sometimes they are incremental, sometimes accidental, sometimes monumental, and they are always personal. We can create something better.
Life sciences Home
Biotechnology Industry Position survey Australia's biotechnology industry drives economic growth
The 2019 Biotechnology Industry Position survey conducted by Ausbiotech and supported by Grant Thornton has revealed that new technologies across regenerative medicine and medicinal cannabis are disrupting the industry, and Australia's global strength in clinical trials continues to drive contributions to the economic and social fabric of the country.
Manufacturing Home
mid-sized business report Manufacturing is critical to our economy – how can we support the sector?
Although the knock-on effects of the Australian automotive industry exiting our country are yet to be fully understood, the industry is evolving, and manufacturing continues to be a major employer and critical to our overall economy.
Not for Profit Home
NATIONAL OUTCOMES MEASUREMENT PROGRAM A practical framework
Royal Commissions and federal budgets are critical things for Nonprofit human service providers to be thinking about at this point in time.
Real estate & construction Home
mid-sized business report Supporting affordable housing requires planning, certainty – and tax reform
There is a lot of noise around the property sector at the moment – and it’s not all positive. Prices are down – but this shouldn’t be a surprise when some markets (namely Sydney & Melbourne) saw unprecedented hikes in recent years.
Retail & consumer products Home
GNC Group Consulting The Technology Trap: Online innovation in retail
I recently attended the NRF Retail Big Show in New York, an overwhelming smorgasbord of retail technology and new store concepts.
Technology & media Home
  • Telecommunications
Scaling-up for Growth From start-up to scale-up
Navigating the complexities of growth and maintaining previous success is a challenge for all mid-size businesses.
  • Working at Grant Thornton
  • Student opportunities
  • Experienced careers
  • Contact us
Working at Grant Thornton Home
  • Flexibility
  • Your career and development
  • Diversity and inclusion
  • In the community
  • What we offer you
Student opportunities Home
  • Graduates
  • Vacationer Program
  • The application process
  • FAQs
  • Student application tips and tricks
  • Positions available
Experienced careers Home
  • Client spotlight
  • Positions available
  1. Grant Thornton Australia | Audit, Tax and Advisory
  2. Client alerts
  3. 2015
  4. State revenue offices and the ATO information sharing

State revenue offices and the ATO information sharing

25 Sep 2015
  • 2015
  • Transitioning support for auto supply chain companies
  • Innovation in Australia
  • New FBT entertainment cap introduced
  • New reporting obligations for multinational companies
  • Unlocking super
  • The truth behind business failure
  • 2015 Distinguished Family Business of the Year
  • Melbourne plan refresh: The 2050 metropolitan planning strategy
  • Tax alert: GST & remote housing accommodation
  • The Federal Government's Tax discussion paper released today
  • New fees hurt developers’ bottom line
  • Payroll Tax Rebate – Action before 23 November 2015
  • New South Wales State Budget 2015-16
  • Western Australian Real estate & construction update
  • Victoria Real estate & construction update
  • South Australia Real estate & construction update
  • Queensland Real estate & construction update
  • New South Wales Real estate & construction update
  • State revenue offices and the ATO information sharing
  • Redundant corporate entities?
  • Streamlined process for new business applications
  • Imported building materials under scrutiny
  • Tightened lending rules threaten industry growth
  • Any GST hike must be offset
  • New PM appoints Minister for Cities
  • Reforming Australia’s Federation and Tax System
  • A message from our Global Head of Real Estate & Construction
  • Adelaide CBD property outlook – Key considerations
  • The deadline is looming for the Exploration Development Incentive
  • Valuing Employee Share Schemes (ESS) – Impending Tax Changes
  • Queensland State Budget 2015-16
  • New restrictions on entertainment salary packaging
  • NADA conference day three
  • NADA conference day two
  • Do you have the keys to NADA 2015? Day 1
  • South Australian State Budget 2015-16
  • 27 Pay Periods in 2015/16
  • Corporate simplification and solvent liquidations
  • Fringe Benefits – Hidden FBT and deemed dividend issues
  • NSW Payroll Tax Rebate
  • SuperStream compliance
  • Should I maintain my SMSF?
  • Art and collectables as alternative investments
  • Tax alert: GST ruling published
  • Western Australian State Budget 2015-16
  • New funding opportunities for Australian food & beverage companies
  • Super fund investment choice – What are the options?
  • Nominating beneficiaries for your superannuation benefits
  • Superannuation consolidation
  • Victorian State Budget 2015/16
  • Encouraging innovation in Australia’s Life Sciences and Biotechnology industries
  • Fraud in focus: Fraud and corruption in Banking and Financial Services
  • Tax alert: Refunds of excess GST
  • New Employee Share Scheme Bill Introduced
  • SuperStream employer webinars
  • Staying vigilant against fraud
  • Tax Alert: Are you meeting your employment tax obligations?
  • Tax alert: No change to R&D tax offset rates
  • Act now to be ready for FATCA
  • Tax alert: Changes to Employee Share Scheme Tax Laws

The sharing of information between the Australian Taxation Office and various other government agencies continues to form the foundation for data matching and compliance programs.

The information provided by third parties to the Australian Taxation Office has long fuelled the tax office’s data matching programs. However, increasingly information exchanged between the tax office and other government agencies is providing the starting point for compliance programs at both a state and federal level.

The tax office uses the information it receives from the various state revenue offices to identify potential discrepancies such as whether the profit from the sale of a property has been included in the taxpayers’ tax return or whether the transaction has been properly reported for GST purposes.

At a state level, the offices of state revenue are using the information reported in income tax returns to identify eligibility for land tax exemptions, the first home benefit schemes and duty concessions.

Examples of the compliance activities we have seen recently include:

  • the Queensland Office of State Revenue writing to a number of landowners who had incorrectly continued to claim an exemption for land tax after they had had a change in circumstance;
  • the Australian Taxation Office data-matching land sales to capital gains reported in the taxpayers return.

Employers are also under scrutiny, with the information being reported in income tax returns and business activity statement being used to identify employers who may have failed to register for payroll tax or workcover, as well as to flag variances between the amounts reported to the various state offices and agencies.

Conversely, the tax office is using the information it has received to identify businesses that may be required to register for PAYG Withholding.

Next article: New South Wales Real estate & construction update

For more information, please contact:

Sian Sinclair
Sian Sinclair
Partner & National Head of Real Estate &... Brisbane
Email address https://au.linkedin.com/pub/sian-sinclair/14/9b0/9b5 Sian Sinclair VCard
View full profile
Share this page
  • Share this page on Facebook LinkedIn
  • Share this page on Twitter Twitter
  • Share this page on LinkedIn LinkedIn
  • Share this page on Wechat WeChat
  • Share this page via email Email
More for the Real estate & construction industry
Service Corporate simplification June 2015 Read more
Industry Real estate & construction capability statement June 2015 Read more
Industry Real estate & construction January 2015 Read more
Insights report Real Estate & Construction - Industry insights property taxes report November 2014 Read more
  • Grant Thornton on Youtube
  • LinkedIn icon
  • Twitter icon
  • Facebook icon
Connectclose
  • Contact us
  • Locations
  • Meet our people
  • Subscribe
  • Staff portal
Aboutclose
  • About us
  • Careers
  • News centre
  • Client alerts
  • Grant Thornton Foundation
  • Grant Thornton Affinity
Legalclose
  • Privacy
  • Compliance and ethics
  • Disclaimer
  • Site map

© 2021 Grant Thornton Australia Limited – All rights reserved

    • EN
    • Contact us