Govt probes refunds scheme

Govt probes refunds scheme

THE Australian National Audit Office (ANAO) is seeking feedback from stakeholders on a review of the Tourist Refund Scheme, looking at whether it is being effectively administered, with the appropriate management of risks.

Open for input until 03 Mar, the audit proposes to examine whether the Department of Home Affairs and Australian Taxation Office systems and procedures support the scheme well.

The ANAO is also looking at whether the government bodies have established suitable controls to “identify and mitigate delivery risks” in connection with the program, which allows international visitors to Australia to obtain GST refunds on items purchased while in Australia.

Retailers using the Tourist Refund Scheme, along with travellers that frequently use the program, are being encouraged to lodge submissions.

The report from the probe is due to be tabled in Jun 2019, with submissions now accepted online at www.anao.gov.au.

Source: traveldaily