Business transactions made through payment systems (EPMTSYSTX)

Original Published Date
Status
Current
Tax Category
Business accounting
Investment bodies
Resource Type
Specifications
Description

This specification is to be used in the development of software for the lodgment of Electronic Payment System Transactions (EPMTSYSTX) for the 2017-18 and subsequent financial years.

The Australian Taxation Office (ATO) requests and collects data from various financial institutions, third party and specialised payment providers relating to electronic sales of goods and services made by Australian businesses. The data will be electronically matched with data held by the ATO with the aim to pre-fill a non-individual tax return and to identify businesses that are non-compliant with registration, reporting, lodgment and payment obligations under taxation law.

The Bulk XML BDE implementation guide and sample artefacts can be found at Bulk Data Exchange common information artefacts.

The specification can be found at Business transactions made through payment systems (EPMTSYSTX).

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