The taxable payments annual report (TPAR) reports information to the ATO about payments made to contractors for services within certain industries.
The taxable payments annual report (TPAR) reports information to the ATO about payments made to contractors for services within certain industries.
If you have been reporting Single Touch Payroll (STP) to the ATO this financial year, you will need to make a finalisation declaration. This takes the place of employee payment summaries, which you no longer need to issue for payments reported through STP.
With the outbreak of the Covid-19 virus, and the recent natural disasters around Australia, businesses and employers are having to adapt very quickly to new ways of working in order to cope with the challenge of this unprecedented situation.