TAX UPDATE – NOTICE OF ATO DATA MATCHING PROGRAM – ATTENTION UBER DRIVERS
Commissioner of Taxation –
Notice of ATO Data Matching Program – Attention Uber Drivers
The Australian Taxation Office (ATO)
will acquire data to identify individuals that may be engaged in providing ride
sourcing services during the 2016–17 and 2017–18 financial years.
Details of all payments made to ride
sourcing providers from accounts held by a ride sourcing facilitator will be
requested from a financial institution for the 2016–17 and 2017–18 financial
years. Ride sourcing facilitators provide an electronic platform enabling
members of the public to engage the services of a ride sourcing provider (a
driver).
The data ATO acquire will be
electronically matched with certain sections of ATO data holdings to identify
taxpayers. ATO can provide them with tailored information to help them meet
their tax obligations or to ensure compliance with taxation law.
ATO will obtain the following data
items from the source entity:
- Payee account name
- Payee BSB
- Payee account number
- Date of payment to the payee
- Amount of payment to the payee
It is estimated ATO will obtain
records relating to up to 60,000 individuals.
The purpose of this data matching
program is to –
- Promote voluntary compliance and increase
community confidence in the integrity of the tax system.
- Identify those individuals failing to meet
their registration and/or lodgment obligations and assisting them to
comply.
- Gain insights from the data that may help to
develop and implement treatment strategies to improve voluntary
compliance; which may include educational or compliance activities as
appropriate.
- Obtain intelligence to increase our
understanding of the behaviors and compliance profiles of individuals
providing ride sourcing services.
- Ensure compliance with registration, lodgment,
correct reporting and payment of taxation obligations.
Call us on 0449 952 855 to book an
appointment for lodgment of your tax return. You can also get in touch with us
by sending your query via our website.
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