The Australian Taxation Office (ATO) has issued a reminder on the need to lodge a Taxable payments annual report (TPAR) to avoid penalties. TPARs are required to be lodged by businesses and government entities that make payments to contractors.
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TPAR: lodge now to avoid penalties
We'll apply penalties to clients who fail to lodge their Taxable payments annual report (TPAR).
This is the last chance to lodge overdue TPARs before penalties apply. We'll apply failure to lodge penalties t…