20th November 2020   |   Tax

Tax deductions

The ATO’s data-matching program with the Department of Home Affairs will be extended for another three years, with a particular focus on identifying compliance with the JobKeeper program.

The Tax Office will now acquire data on active and newly granted visas in the period 2020–21 to 2022–23 financial years, building on its visa data-matching program that began more than a decade ago.

Records for up to 10 million individuals are estimated to be obtained each financial year and will help the ATO ensure visa holders, visa sponsors and migration agents are meeting their tax and superannuation obligations.

The extension of the data-matching program will bear greater significance this year as visa data will be used to confirm eligibility for the JobKeeper program.

Have a chat with our Ax3 specialist to ensure your compliance for Jobkeeper is up to date. Info@Ax3.com.au

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