TPAR

Taxable payments annual report (TPAR) to include 3 more industries – road freight, IT & security

The ATO has announced that those businesses providing services in the following 3 industries will be caught in the “TPAR net” from 1st July 2019. Road freight services Information technology services Security, investigation or surveillance services From 1st July 2019, businesses in the above 3 industries will need to track payments made to contractors they …

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How to lodge your taxable payments annual report online

If you are in the building and construction industry, you are now required to lodge a taxable payments annual report (TPAR) on the 21st July each year. The TPAR tells the ATO about payments you have made to contractors during the year in your business. Lodging via hard copy and snail mail can be a …

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Taxable Payments Reporting for the Building & Construction Industry

Recently I attended one of the free webinars presented by the ATO about the new Taxable Payments Reporting system that has begun as of today, July 1st 2012. I found it to be very informative and easy to follow. I highly recommend anyone who needs to know more about the new system, attend one of …

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