Australia: Guidance on taxable payments annual reports for contractor-provided services

Guidance for businesses that may be required to file a taxable payments annual report by August 28, 2024, for contractor-provided services.

The Australian Taxation Office (ATO) provided guidance for businesses that may be required to file a taxable payments annual report (TPAR) by August 28, 2024, for contractor-provided services.

Businesses that provide the following services and pay contractors to provide them on their behalf may need to file a TPAR:

• Building and construction
• Cleaning
• Courier and road freight
• Information technology (IT)
• Security, investigation, and surveillance

On their TPARs, businesses will need to provide:

• Contractor’s name, address and Australian business number (ABN)
• Total amount they paid them for the previous financial year—including any goods and services tax (GST) and cash payments

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