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03 Jun 2021 ATO News

ATO data matching programs – property management and rental bonds

Property management

The ATO will acquire property management data from property management software providers for the 2018–19 through to the 2022–23 financial years.

The data will be acquired and matched against ATO records to:

  • inform rental property owners of their taxation obligations as part of an information and education campaign
  • undertake compliance activity to protect the integrity of the tax system and ensure that everyone pays the correct amount of tax
  • inform designs that will make it easier for ATO clients to interact with the system and get their affairs right.

More information can be found here. See also Commonwealth Gazette C2021G00365.

Rental bonds

The ATO will acquire rental bond data from state and territory rental bond regulators bi-annually through to 30 June 2023. Rental bond data was originally collected with property transfer data for the real property transaction data-matching program.

The data will be acquired and matched against ATO records to identify and address taxation risks including:

  • income tax – taxpayers owning income producing property have obligations to report the income generated in their tax returns
  • CGT – taxpayers disposing of a property may trigger a CGT event. When the property has been used to produce income, this can affect how the CGT event is treated.

Taxation obligations also include registration, lodgment, reporting and payment responsibilities.

More information can be found here. See also Commonwealth Gazette C2021G00365.

Making a tip-off

The ATO is committed to tackling illegal activity and behaviour of concern, especially when it comes to COVID-19 stimulus measures, phoenix, Black Economy and tax evasion, to protect honest businesses and the community.

To report any known or suspected illegal behaviour, you can either complete the tip-off form (the form is also available in the ‘Contact us’ section of the ATO app) or phone the ATO Tip-off hotline on 1800 060 062.

More information, including what you can report on, can be found here.

ATO systems maintenance

The following ATO systems will be unavailable:  

  • Standard Business Reporting (SBR) including the Practitioner lodgment service (PLS) and Single Touch Payroll (STP) will be unavailable from Saturday 5 June 11:30pm to Sunday 6 June 11:30am AEST.
  • Online services for agents (OSfA) and the PLS will be unavailable from Friday 11 June 11:30pm to Saturday 12 June 7:00am AEST.
  • OSfA, Australian Business Register (ABR) and other online services will be unavailable Saturday 12 June 10:00pm to Sunday 13 June 10:00am AEST.
  • SBR including the PLS and STP will be unavailable Saturday 12 June 10:00pm to Sunday 13 June 10:00pm AEST.

Check the ATO’s system maintenance page for more information.

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