New ATO Data-Matching Programs Involving Property
The ATO has advised that it will engage in two new data matching programs dealing with property transactions, as outlined below:
- The ATO will acquire property management data from property management software providers for the 2018/19 through to 2022/23 financial years (relating to approximately 1.6 million individuals); and
- The ATO will acquire rental bond data relating to approximately 350,000 individuals from state and territory rental bond regulators bi-annually through to 30 June 2023.
If you would like to discuss this please contact our office.