For Business Clients: Lodging Your TPAR – Deadline 28 August (ATO)
If your business makes payments to contractors or subcontractors, you may need to lodge a Taxable payments annual report (TPAR) by 28 August.
TPAR is an industry-specific report for businesses that are required to report the total payments they have made to contractors or subcontractors for services. The ATO uses this information to data match the annual income declared by contractors, helping to improve compliance.
Read the full update here – For Business Clients – TPAR Deadline 28 August (ATO)
If you have any questions or would like further assistance with your TPAR lodgement, please contact your advisor at PrimeAdvisory or call us on 02 9415 1511.