Taxable payments annual report
(Construction Industry)
Businesses in the building and construction industry need to report the total payments they make to each contractor for building and construction services each year. These payments need to be reported to the ATO on the Taxable payments annual report.
The due dates for lodgment of taxable payments annual report are:
- 21 July – If lodged directly by the tax payer
- 25 August – If lodged by a Tax agent or BAS agent
Further information can be found on the ATO website.