Sunday,
22 December 2024
Data matching ensures fair play, says ATO

NEW data matching capabilities will ensure taxpayers don’t leave out income or inflate deductions this tax time, according to the Australian Taxation Office (ATO), with rental property deductions a key focus for the agency.

THE ATO collects data from a series of sources, including government agencies, financial institutions, insurance companies, and financial service providers to ensure that peo...

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