The ATO have advised they are sending letters out to those in the Building & Construction Industry, advising of 'progress' made to date in their industry specific compliance activities. They've been targeting those who have not been lodging Business Activity Statements (BAS) or neglecting Super obligations.
Some interesting stats from the website in relation to industry specific compliance and the ATO is concerned that the improvement in stats has been (up to 6 times) slower than other industries targeted. The ATO has even gone as far to provide Case Studies of those found to be non compliant.
The correspondence serves also to remind those in the industry of the measures they are using to identify those to investigate including 'community referrals'.
I think more of a focus on educating small business on how to comply and the consequences of non compliance would go a long way.
The majority of businesses in the building and construction industry are honest taxpayers; however we have observed that some businesses seem to be avoiding their tax and super obligations. From 1 July 2014, we will begin compliance activities, targeting those businesses that try to gain an unfair advantage by avoiding their obligations. We are taking a closer look at the building and construction industry because: -on average 11% of the industry do not lodge their BAS and 29.8% lodge late -of the top 30 industries, building and construction is responsible for 25% (8152) of tax evasion referrals to us from the community -77.5% of businesses appear to be getting their tax right, however 22.5% of businesses within the industry are rated as higher risk.