Review of Income Tax Self–AssessmentAustralian Government, The Treasury.

Discussion Paper

Foreword

Image of Peter Costello, Treasurer

TREASURER

PARLIAMENT HOUSE
CANBERRA ACT 2600

Telephone: (02) 6277 7340
Facsimile: (02) 6273 3420

www.treasurer.gov.au

I am pleased to present the ‘Review of Aspects of Income Tax Self Assessment’ discussion paper, as foreshadowed in my press release of 24 November 2003.

The discussion paper outlines a range of issues and approaches for refining the operation of Australia’s income tax self assessment system. In doing this, the paper examines whether the right balance has been struck between protecting the rights of individual taxpayers and protecting the ability of the Australian Taxation Office to collect revenue.

The development of the discussion paper has benefited from consultations with interested parties. At this stage of the review, I would like to take the opportunity to express my gratitude for this valuable assistance.

I encourage all interested parties to take the opportunity to put forward their views on potential refinements to the income tax self assessment system, by making contact with the Review team or providing a written submission. These views will assist the Government in considering all issues, before making decisions on these matters.

The Government has introduced sweeping reforms to modernise the Australian tax system to make it fairer and more sustainable. The Government is also determined to ensure that the income tax self assessment system best serves the needs of the Australian community. This paper represents another example of the Government’s commitment to achieving this goal.

PETER COSTELLO

Signature of Peter  Costello

March 2004

 

Next: Introduction

 

Commonwealth of Australia 2004
ISBN 0 642 74207 3

Contact the Review

By Mail:

Review of Self Assessment
The Treasury
Langton Crescent
PARKES  ACT  2600

By Email:

selfassessment @treasury.gov.au

Phone:

(02) 6263 4200

Fax:

(02) 6263 4312

TTY:

(02) 6263 3733