On 13 March 2015 the ATO gave notice in the Commonwealth Gazette that it will continue to acquire details of entities that receive contractor payments from other businesses for the 2013-14, 2014-15 and 2015-16 financial years. This is the continuation of an ongoing program where data will be obtained from businesses that are subject to compliance activities conducted by the employer obligations area within the ATO. Data may also be collected from other businesses associated with the primary businesses.
The data items that will be obtained are:
- Australian Business Number (ABN) of the payer business
- ABN of the payee business (contractor)
- Name of the contractor
- Telephone details of the contract
- Dates of payments to the contractors
- Amounts paid the contractor (including details of whether the payment included GST).
These records will be electronically matched with certain sections of ATO data holdings to identify non-compliance with registration, lodgment, reporting and payment obligations under taxation laws.The purpose of this data matching program is to ensure that taxpayers are correctly meeting their taxation obligations in relation to contractor payments. These obligations include registration, lodgment, reporting and payment responsibilities.