14 April 2022 - GAP Accountants
Penalties for overdue TPAR

The Taxable payments annual report (‘TPAR’) must be lodged by 28 August each year. Taxpayers who operate in certain industries and that make payments to contractors may need to report these payments in a TPAR.
Affected industries where taxpayers may have an obligation to lodge a TPAR are:
- Cleaning services;
- Building and construction services;
- Road freight;
- Courier services;
- Information technology services;
- Security, investigation or surveillance services.
From 23 March 2022, the ATO will apply failure to lodge penalties to those who:
- did not lodge their 2021 or prior year TPAR;
- have already been sent three non-lodgment letters about their overdue TPAR;
- do not respond to an ATO follow-up phone call about their overdue TPAR.
In the coming weeks the ATO may be phoning tax agents (or taxpayers directly) about their overdue TPAR, to follow up the non-lodgment letters that have been sent.
Latest News
14 April 2023 - GAP Accountants
13 April 2023 - GAP Accountants
12 April 2023 - GAP Accountants
11 April 2023 - GAP Accountants
06 April 2023 - GAP Accountants
07 March 2023 - GAP Accountants
06 March 2023 - GAP Accountants
03 March 2023 - GAP Accountants
Categories
- Accounting (20)
- ASIC (2)
- ATO update (291)
- ABN (2)
- ATO audits (23)
- ATO scam alert (12)
- Budget updates (13)
- Communication (8)
- Court rulings (9)
- Data-matching (24)
- Technology (9)
- Business (107)
- Benchmarking (5)
- Employing (32)
- Small businesses (44)
- Corporate (19)
- Division 7A (7)
- COVID-19 (42)
- Disaster Relief (6)
- Federal Election (1)
- Finance (15)
- Cryptocurrency (6)
- Foreign/off-shore issues (15)
- GAP Office Update (1)
- Industry (25)
- Construction (7)
- Contractors (3)
- Courier/driving (6)
- Farming (2)
- Gig Economy (1)
- Medical (2)
- Retail (4)
- Sharing economy (7)
- JobKeeper (23)
- LCT (1)
- Single Touch Payroll (12)
- Superannuation (88)
- Division 293 (2)
- LRBA (6)
- Self-managed super funds (17)
- Superannuation contributions (36)
- TBC (Transfer Balance Cap) (1)
- Superannuation Guarantee (7)
- Taxation (208)
- CGT (8)
- Deductions (42)
- Depreciation (11)
- FBT (26)
- GST (29)
- HELP/VSL/TSL debt (2)
- LCT (1)
- PAYG (11)
- Private Health Insurance (1)
- Properties (3)
- Rental property (18)
- Tax debt (4)
- Tax Records (3)
- Uncategorised (8)