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28 Apr 14 Reminder to businesses in the building and construction industry

In May 2014 the ATO will send letters to businesses in the building and construction industry that may be paying contractors, to remind them to lodge their 2013–14 Taxable payments annual report by 21 July 2014. The letter will generally be sent to their business addresses.

The ATO will email relevant tax agents a list of clients who will be sent the letter. Tax agents may have other clients who are not included on the list but who may have an obligation to lodge the annual report, for example, clients who are new to the industry or who operate in the industry but have more than one business activity.

For further details go here.

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