Blog

Contractor payments data matching program

Scott Robertson - Thursday, May 19, 2016

The ATO has advised that it is continuing its Contractor payments data-matching program.

It will acquire data from businesses that it visits as part of its employer obligations compliance program during the 2016/17, 2017/18 and 2018/19 financial years.

The data collected from businesses is used to identify contractors that may not be meeting their taxation obligations through:

  • Not registering correctly with the ATO
  • Non-lodgment of returns
  • Failing to report payments received
  • Not paying amounts of tax due to the ATO.

This is an ongoing data matching program and has been conducted for more than five years.

STAY INFORMED - SIGN UP FOR BUSINESS IDEAS, NEWS & ALERTS.


You will receive monthly/quarterly business ideas, news & alerts. Unsubscribe with one click.