Transferred or newly registered vehicle data matching

Motor vehicle registries data matching program protocol

The ATO will match the data provided by the State and Territory motor vehicle registering authorities against the ATO’s taxpayer records with the objective of identifying those who may not be meeting their registration, reporting, lodgment and payment obligations.

Details will be requested where records indicate a vehicle has been transferred or newly registered during the 2016/17, 2017/18 and 2018/19 financial years where the purchase price or market value is equal to or exceeds $10,000 (approximately 2 million transactional records a year).

This data will allow compliance checks on luxury car tax, FBT and fuel schemes, as well as identifying higher risk taxpayers with outstanding taxation lodgments, and those with undeclared income or concealing the real accumulation of wealth.

At Omnis Group, we help business owners and retirees to manage their often-complex financial affairs so they may enjoy a life of financial security and choice. We build and protect your wealth and enhance tax efficiencies so that you have peace of mind when it comes to the Tax Office. Call us in Subiaco Perth on 08 9380 3555.

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