The Taxable Payments Annual Report (TPAR) was created by the Australian Taxation Office (ATO) to curb the underreporting or non-reporting of income by contractors. Businesses and government entities that pay contractors may need to report these payments to the ATO by 28 August each year.
Tag Archives: TPAR
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May
May
As the end of the financial year (EOFY) approaches, businesses are gearing up for the flurry of activities that come with it. From reconciling accounts to preparing financial statements, there’s a lot to manage. Following are some hints and tips to ensure a smooth EOFY process as you navigate year-end challenges.
