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  • Rental Bond: 1985-86 to 2019-20 financial years data matching program protocol

    At a glance

    The ATO uses real property rental bond data from the state and territory rental bond authorities to identify properties that are income producing. Taxation obligations for tax payers holding income producing properties include correct reporting of rental income and capital gains tax (CGT). Ensuring taxpayers meet these obligations is achieved through educational strategies and compliance activities.

    Taxpayers owning property producing income have income tax reporting obligations. When a property producing income is subsequently disposed of it triggers a CGT event. Property is often held for many years before being transferred or sold. To identify rental income impacts for CGT liability assessment real property rental bond data dating back to 20 September 1985 (the introduction of the CGT regime) is required. Collecting data back to 1985 does not change our general compliance approach of reviewing CGT events within the standard period of review.

    Rental bond data is not a new data collection; it has been collected with the property transfer data under the real property transaction data matching protocol. Property transaction data matching first commenced in 2005 as state and territory based exercises under the CGT Compliance Challenge.

    In the 2013–14 Federal Budget the government announced that it would legislate to make the reporting of property transfer data to the ATO mandatory. Legislation passed property transfer data from 1 July 2016. The Property transaction data matching protocol published in December 2015 has been amended to support the property transfer data. The rental bond data collection will be supported by this protocol.

    This protocol has been prepared to meet the requirements of the Guidelines on Data Matching in Australian Government Administration 2014 (Guidelines) published by the Office of the Australian Information Commissioner (OAIC).

      Last modified: 10 Aug 2018QC 56446