AUSTRAC transaction report information data-matching program
Liz Gibbs • November 24, 2021

AUSTRAC transaction report information data-matching program

The ATO will acquire transaction report information data from AUSTRAC for the period of 17 June 2021 through to 30 June 2027. AUSTRAC (the Australian Transaction Reports and Analysis Centre) is the Australian Government agency responsible for "detecting, deterring and disrupting criminal abuse of the financial system to protect the community from serious and organised crime".


The data elements made available to the ATO will depend on what is captured in the reporting process and can include identifying information of customers and institutions facilitating transactions, identifiers such as ABNs, ACNs and Australian Financial Services Licence details, and transaction details (including transaction type, accounts, instruments, amounts and currency).


The ATO estimates that records relating to approximately nine million individuals will be obtained each financial year. The data will be acquired and matched to ATO data to support the administration and enforcement of tax and superannuation laws, including registration, lodgment, reporting and payment responsibilities.


Email us at Robert Goodman Accountants at reception@rgoodman.com.au . © Copyright 2021 NTAA. All rights reserved. Brought to you by Robert Goodman Accountants.

take back control of your day

Feeling Swamped? Try the RAFT Approach to Managing Priorities

By Liz Gibbs • July 31, 2025
Let’s be honest—most of us start our day with the best intentions, only to be buried under a mountain of emails, meetings, and never-ending to-do lists. It’s easy to feel overwhelmed and lose sight of what really matters. But what if there was a simple way to cut through the chaos and take back control of your day?
Seven Wastes eth

Eliminating Waste to Boost Profitability: The Seven Wastes Framework

By Liz Gibbs • July 24, 2025
One of the most effective ways to improve profitability is through the elimination of waste. But before you can eliminate it, you must first understand what it looks like and where it exists. Toyota, after years of refinement, identified the Seven Wastes—a foundational tool in lean thinking designed to help businesses
Time Boxing

Take Back Control of Your Diary with Timeboxing

By Liz Gibbs • July 17, 2025
Do you ever feel like your calendar is running your life, rather than the other way around? If you’re constantly playing the “too busy” card or letting others fill up your diary with meetings, it might be time to try a new approach: timeboxing.
More Posts