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Every year ATO publish their annual Australian tax lodgement publication named “Taxation Statistics” which provides a comprehensive statistical summary of information taxpayers report to ATO. The main source of information is Australian tax returns.
Taxation statistics contains information on:
The publication provides trends over time although it does not present social or economic analysis of these trends. In the time series, information for previous years is updated in each subsequent edition to take account of any additional lodgements.
Taxation statistics also provides data on the time-based cost of compliance and industry benchmarks in the form of financial and activity statement ratios.
In March 2016, ATO published statistics for 2013-14 financial years. Some common statistics of individual tax lodgement of 2013-14 are as below:
The statistics shows that; Australians continue to favour using a tax agent to lodge their tax return, which was about 74%. If you are looking for expert advice at a cheap rate you can choose taxshark.com.au. TaxShark are Australia's leading tax accountants offering expert advice for income tax returns, refunds and more to help you out in online tax return services.