With all the changes due to COVID-19, you may have contracted out more services in the past year. This could mean you need to lodge a Taxable payments annual report (TPAR) for the first time. TPARs are due on 28 August each year.
You may need to lodge a TPAR if your business pays contractors or subcontractors for the following services:
building and construction
investigation, security, or surveillance.
If you need to lodge a TPAR but missed the due date, we can help you to lodge it now.
Remember, we are here to help you with your tax and BAS. Contact us on 0481 953 556 or email us at firstname.lastname@example.org to find out more.
Source: Ato.gov.au.2021. Paid contractors? Don’t forget your TPAR. Link available here