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  • Lifestyle Assets 2013-14 to 2022-23 data-matching program protocol

    The Australian Taxation Office (ATO) lifestyle assets data-matching program has been in place since February 2016. Under the program, we have collected data on insurance policies for the 2013–14 to 2019–20 financial years, for certain classes of assets, including:

    • marine vessels
    • motor vehicles
    • thoroughbred horses
    • fine art
    • aircraft.

    We acquire data from insurance providers to improve our compliance risk profiling of taxpayers and provide a holistic view of their assets and accumulated wealth. This protocol document:

    • consolidates the existing 2013–14 to 2019–20 financial years program (published 18/12/2019)
    • outlines our intention to continue collecting lifestyle assets data for the additional period of the 2020–21 to 2022–23 financial years.

    Our data-matching programs follow the Office of the Australian Information Commissioner’s (OAIC) Guidelines on data matching in Australian Government administration (2014). The guidelines assist Australian Government agencies to use data matching as an administrative tool in a way that:

    • complies with the Australian Privacy Principles (APPs) and the Privacy Act 1988 (Privacy Act)
    • is consistent with good privacy practice.

    The ATO has responsibility to protect public revenue and to maintain community confidence in the integrity of the tax system. Our data-matching programs assist us to undertake these responsibilities.

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      Last modified: 14 Jul 2021QC 66385