ATO data-matching: novated leases and cryptocurrency
June 17, 2021
The Commissioner has gazetted 2 notices for the following data-matching programs:
- The Notice of Data Matching Program – Novated Leases 2018-19 to 2022-23 financial years enables the ATO to acquire novated lease data from 8 major finance companies for 2018-19 to 2022-23. The ATO estimates that the records will involve approximately 260,000 individuals.
- The Notice of Data Matching Program – Cryptocurrency 2020-21 to 2022-23 financial years will allow the ATO to acquire account identification and transaction data from cryptocurrency designated service providers for the 2021 financial year through to the 2023 financial year inclusively. The ATO estimates that the records relating to approximately 400,000 to 600,000 individuals will be obtained each financial year.