ATO Assets Crackdown – Lifestyle Assets Data Matching Program

ATO Assets

The ATO has released details of their “Lifestyle assets 2013-14 and 2014-15 financial years data matching program protocol”.

They will obtain information on insurance policies for certain classes of assets, including marine vessels, enthusiast motor vehicles, thoroughbred races horse, fine art and aircraft to improve their profiling of taxpayers and provide a more comprehensive view of their assets and accumulated wealth.

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Warren Kruger

Specialist Tax Consultant - “Helping YOU Pay The Correct Tax And Not A Penny More”. My story starts on Christmas Eve, back in 1983 in South Africa.

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