Rental Property Loans

More ATO data matching

The ATO will obtain data on residential investment property loans from authorised financial institutions for the period from 2021–22 to 2025–26.

The ATO will collect the following data items from its data matching program:

·         client identification details

·         account details

·         transaction details, and

·         property details.

The data helps the ATO execute strategies to:

·         identify relevant cases for administrative action

·         inform rental property owners of their taxation obligations as part of an educative campaign, and

·         avoid unnecessary contact to those that are correctly reporting and claiming rental property income or expenses.

Source: Commissioner of Taxation – Notice of a residential investment property loan (RIPL) data-matching program, Gazette notice, Federal Register of Legislation website, 6 April 2023, accessed 6 April 2023.