Businesses with overdue 2012-13 Taxable Payments Annual Reports
The Australian Tax Office (ATO) are contacting businesses in the building and construction industry who have not yet lodged their 2012-13 Taxable payments annual reports. Businesses will be contacted by phone or letter.
If construction industry clients have not yet lodged a 2012-13 Taxable payments annual report, they should do so immediately. Penalties for not lodging may be applied.
If you are not required to report, you can advise the ATO by sending an email to NilReportTPAR@ato.gov.au with the following information for each client:
- The reason for not lodging the 2012-13 annual report, either: the business is not in the building and construction industry, or the business did not pay contractors for providing building and construction services.
For more information go to: Building and Construction Industry . If you require any assistance please contact us at A Grade Tax Accountants Penrith on 4731 1405.
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