Some businesses and government entities who make payment to contractors may need to report these payments to the ATO through TPAR so that they are prevented from under-reporting or not reporting their income.
Businesses in the following industries may need to lodge TPAR:
- Building and construction services
- Cleaning services
- Courier services or road freight services
- Information technology services
- Security, investigation and surveillance services
- Government entities
You need to report the following on TPAR:
- Name and address
- Gross payment made
- Any tax withheld if ABN was not quoted
There are various methods to lodge TPAR such as via the ATO online portal, via your business software or in paper form. TaxAssist Accountants can help with this.
Important date to remember
If you are unsure about anything, it’s not a problem, our accountants are on hand to explain what is required according to your personal situation.
Join us in three easy steps
Get in touch
Arrange a free consultation in person or via video with your local accountant. It’s an informal chat to get to know you and find out more about the help you are looking for.
Chat to an expert
We clearly explain the support available to you and are happy to act as business advisors in order to help you grow your business.
Get a fixed quote
Our fees are fixed and tailored specifically to each individual's needs, so that you only pay for the level of support and services that you require.
Choose the right accounting firm for you
Running your own business can be challenging so why not let TaxAssist Accountants manage your tax, accounting, bookkeeping and payroll needs? If you are not receiving the service you deserve from your accountant, then perhaps it’s time to make the switch?
We specialise in supporting independent businesses. Each TaxAssist Accountant runs their own business, and are passionate about supporting you.
We enjoy talking to business owners and self-employed professionals who are looking to get the most out of their accountant. You can visit us at any of our multiple locations, meet with us online through video call software, or talk to us by telephone.
Changing accountants is easier than you might think. There are no tax implications and you can switch at any time in the year and our team will guide you through the process for a smooth transition.