VBA audit uncovers $169,000 in unpaid building permit levies
Monday February 9 2015
An increase in the Victorian Building Authority's (VBA) building permit levy audit activity has identified 294 unreported building permits and more than $169,000 in unreported building permit levies in the first half of the 2014-2015 financial year.
The unreported building permits and levies were discovered by the VBA's levy auditors, who regularly conduct audits and reviews to ensure building surveyors comply with their building permit reporting and levy payment obligations.
Under the Building Act 1993, anyone applying for a building permit in Victoria for works costing more than $10,000 must pay a levy before the permit is issued. This levy is collected by the building surveyor, who then forwards it to the VBA each month.
"The aim of the VBA's annual levy audit program is to ensure that levies associated with building permits are forwarded to the VBA and that building surveyors provide the VBA with an accurate report each month of the building permits they have issued," the VBA's Compliance and Performance Director Murray Smith said.