The objectives of the sharing economy - accommodation data matching program are to:
- Promote voluntary compliance and increase community confidence in the integrity of the tax system.
- Identify and educate those individuals failing to meet their registration and/or lodgment obligations and assist them to comply.
- Gain insights from the data that may help to develop and implement treatment strategies to improve voluntary compliance; which may include educational or compliance activities as appropriate.
- Obtain intelligence to increase the ATO’s understanding of the behaviours and compliance profiles of individuals and businesses that provide services within the sharing economy.
- Ensure through compliance activities that short term rental providers comply with their lodgment, correct reporting and payment of taxation obligations.
The ATO is seeking to obtain external data to cross-reference with its own data to identify relevant cases for administrative action, including compliance and educational strategies.