05 Sep 2019 Taxable payment annual report (TPAR)
TPAR extends to new industries
From 1 July 2019, the taxable payment reporting system (TPRS) applies to businesses providing the following services and who pay contractors to provide these services on their behalf:
- road freight services
- information technology (IT) services
- security, surveillance and investigation services.
Find out about how these new industries can get ready for their first TPAR here.
TPAR: Do your clients need to report?
If your client’s business provides road freight, information technology (IT) or security, surveillance and investigation services, even if it’s only part of the services they provide, you should consider their reporting obligations.
The first TPAR summarising payments made for these services is due by 28 August 2020 for the 2019-20 financial year.
Find out more here.
TPRS reporting exemptions
Your clients may be exempt from the TPRS reporting obligation in certain situations. Find out more here.
- LCR 2019/4 Expansion of the taxable payments reporting system to road freight, security, investigation or surveillance, and information technology services
- Legislative Instrument: Taxable Payments Reporting System – Reporting Exemptions for Certain Entities Determination 2019