Program objectives
Our data-matching programs help us fulfil our responsibility to protect public revenue and maintain community confidence in the integrity of the tax and superannuation systems.
The objectives of the online selling data-matching program are to:
- promote voluntary compliance and increase community confidence in the integrity of the tax and superannuation systems
- gain insights from the data to help develop and implement engagement strategies which may include educational or compliance activities
- identify and educate individuals and businesses who may be failing to meet their registration or lodgment obligations and assist them to comply
- help ensure individuals and businesses are fulfilling their tax and superannuation obligations.
Why we look at online selling data
The online selling data-matching program will allow us to identify and address a number of taxation risks, including:
- incorrect reporting of income within tax returns and business activity statements (BAS)
- failure to meet registration, reporting, payment or lodgment obligations
- failure to comply with ABN and GST registration obligations, such as when online sellers transition from hobby status to being 'in business'.
For more information on whether you are in business see Are you in business?