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
  • cleaning
  • courier services
  • road freight
  • information technology
  • investigation, security or surveillance.

Contractors can include subcontractors, consultants and independent contractors. They can be operating as sole traders, companies, partnerships or trusts.

The detail that you need to report about each contractor can be found on the invoice you should have received from them, and includes:

  • Australian business number (ABN), if known,
  • Name and Address and
  • The gross amount you paid to them for the financial year (including any GST).

The Taxable payments report can be lodged online or by completing a paper form.  If you are unable to lodge online, you can order the TPAR paper form from the ATO publications ordering service.

If you need to lodge a TPAR but missed the due date, lodge it now.

If you lodged your TPAR but made a mistake, you can amend it.

Keeping good records makes it easier for you to prepare your TPAR. Remember to include details of cash payments to contractors on your TPAR.

If you would like any further information or assistance with lodging your taxable payments annual report please contact us on 1300 885 761.