If you operate in the following industries, you may need to lodge a Taxable Payments Annual Report (TPAR).

– Building and construction services
– Cleaning services
– Courier services
– Road freight services
– IT services
– Security, investigation or surveillance services

If you are in these industries, you should keep records of any payments you make to other contractors whether they are individuals or businesses.

It’s easier to gather these details throughout the year instead of waiting until close to the TPAR due date to obtain the information you require.

The information you need to keep includes the contractor’s:
– name
– address
– Australian business number (ABN)
– amount you paid, including any GST

We can help to prepare and lodge your TPAR on time,  they are due to be lodged with the ATO by the 28th of August every year.
The ATO are now applying penalties to late TPAR lodgements.

Click to go to ATO Taxable Payments Information