Motor Vehicle Registries Data Matching Program Protocol | Acclaim Accounting

The ATO will match the data provided by the State and Territory motor vehicle registering authorities against the ATO’s taxpayer records with the objective of identifying those who may not be meeting their registration, reporting, lodgment and payment obligations.

Details will be requested where records indicate a vehicle has been transferred or newly registered during the 2016/17, 2017/18 and 2018/19 financial years where the purchase price or market value is equal to or exceeds $10,000 (approximately 2 million transactional records a year).

This data will allow compliance checks on luxury car tax, FBT and fuel schemes, as well as identifying higher risk taxpayers with outstanding taxation lodgments, and those with undeclared income or concealing the real accumulation of wealth.

Exciting News! Muntz Partners is Rebranding to Acclaim Accounting

We are thrilled to announce that Muntz Partners will soon be known as Acclaim Accounting.

This change reflects our commitment to providing you with even better services and experiences.

Stay tuned for more updates as we embark on this exciting journey together!

Note: The change will take effect on May 15th 2024.