TPAR – Reporting Subbies
Starting this year the TPAR report for Subbies has expanded from just the construction Industry. The ATO have the following additional industries now requiring to report how much they are paying each subcontractor and or Consultant.
You may need to lodge a Taxable payments annual report (TPAR) by 28 August each year if you are a:
- business providing
- building and construction services
- cleaning services for contractor payments from 1 July 2018 (first report due by 28 August 2019)
- courier services for contractor payments from 1 July 2018 (first report due by 28 August 2019)
- road freight services for contractor payments from 1 July 2019 (first report due by 28 August 2020)
- information technology (IT) services for contractor payments from 1 July 2019(first report due by 28 August 2020)
- security, investigation or surveillance services for contractor payments from 1 July 2019 (first report due by 28 August 2020)
- mixed services (a business that provides one or more of the services listed above)
InterAcct Software has this report available with filters to include whichever industries you happen to be in.