If you’ve paid a tradie or other contractor for building and construction services in the last year, you might need to lodge a Taxable Payments Annual Report (TPAR) by 28 August, if:
- you earn 50% or more of your business income or 50% or more of your business activity is from building and construction – including carpentry, engineering, painting, plumbing and architecture;
- you pay contractors for building and construction services.
Over 70 occupations and work activities meet our definition of ‘building and construction’.
If you’re unsure whether you need to lodge a TPAR, check ATO’s list to see what’s covered.
Got a question?
If you need assistance, Omega can help. Call us on (08) 9406 8537 or email at info@omegaca.com.au.