From 1 July 2019, the taxable payment reporting system (TPRS) applies to businesses providing the following services and who pay contractors to provide these services on their behalf:
- road freight services
- information technology (IT) services
- security, surveillance and investigation services.
If your business provides any of these services even if it’s only part of the services you provide, you will need to check whether you need to lodge a Taxable payments annual report (TPAR). Please refer to the ATO or your accountant to confirm any requirements to report:
Accrivia is set-up to report TPAR – please refer to F1 help or contact our Support desk for more information.