Taxable Payments Annual Reports due soon

Businesses providing cleaning and courier services are reminded that they now fall within the scope of the Taxable Payments Annual Reports (TPAR). Information disclosed in these reports is used by the ATO to identify contractors who may not be doing the right thing, including not reporting income, failing to lodge tax returns or activity statements, not registering for GST or using false ABNs.
This system of reporting has applied since 2012 to businesses providing building and construction services. The due date for these reports is 28th August 2019, so time is running out.
This reporting regime will apply to businesses in the road freight, security, investigation, surveillance, and information technology industries for the 2019/20 year.
If you need help with your report please contact our office.

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