Taxable Payment Annual Report (TPAR)

A Taxable Payments Annual Report (TPAR) is a report that certain businesses must lodge with the ATO each year, detailing the payments they have made to contractors for services. It applies to industries such as building and construction, cleaning, courier and delivery, road freight, information technology, and security and investigation services. If your business pays contractors and operates in one of these industries, you may be required to lodge a TPAR by 28 August each year. MAGA Accounting can take care of this for you. We can help you with:

Working out your obligations: We assess whether your business is required to lodge a TPAR and explain exactly what is involved.

Gathering the right information: We help you collect and organise the contractor payment details needed for the report, including names, ABNs and amounts paid.

Preparing and lodging your TPAR: We prepare your report accurately and lodge it with the ATO on time, helping you avoid penalties for late or incorrect lodgement.