Risk impact diagram 2011-12

Here, we show the compliance risk areas and the level of impact these have on revenue collection and the integrity of our tax and social support systems.

The links in this diagram can be used to access relevant content in Our Compliance Focus 2011-12.

We provide confidence and certainty for our customers
Legislative certainty	Confidence in meeting their obligations
Foreign investment funds Controlled foreign companies Life insurance providers	Large enterprises Property Central and local government Transfer pricing High-wealth and high-income individuals Losses - common errors New immigrants

Everyone pays and receives the right amount
Aggressive tax planning	Fraud and identity theft	Under-reporting and operating outside the tax system
Diverting personal income Complex financing Loss generation and usage Misuse of charities Offshore and international issues	False information and fraudulent claims Identity protection	The hidden economy Serious crime and cross-border transactions Income from property

We receive the right information at the right time
Keeping personal and business details up to date	Getting it right at source
Changes to family and individual circumstances Changes to business or employment	Employer monthly schedules RWT Non-resident contractors

Everyone files and pays on time
Intermediaries and tax agents	Filing	Debt
		Individuals and student loan borrowers Businesses and employers Child support

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