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.
See link below for more info and don’t forget if you need help get in touch!
https://www.ato.gov.au/Newsroom/smallbusiness/Lodging-and-paying/Paid-a-tradie-or-other-contractor-to-help-you-/?sbnews20200622
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