What is TPAR and Why It Matters to Your Business
By Dynamic Bookkeeping Co

If you’re a business owner in Australia working in certain industries, you’ve likely heard of the Taxable Payments Annual Report (TPAR) but are you confident about your reporting obligations?

At Dynamic Bookkeeping Co, we’re here to demystify TPAR and help you stay compliant with the ATO, so you can focus on what you do best: running your business.

What is TPAR?

TPAR is a report that businesses in specific industries must submit to the Australian Taxation Office (ATO) each year. It details payments made to contractors and subcontractors for services. The ATO uses this information to identify contractors who haven’t reported their income properly.

Who Needs to Lodge a TPAR?

You must lodge a TPAR if your business provides services in any of the following industries and has paid contractors or subcontractors during the financial year:

• Building and construction

• Cleaning services

• Courier or road freight services

• Information technology (IT) services

• Security, investigation, or surveillance services

• Mixed services (if more than 10% of your income comes from any of the above)

Even if you're a sole trader, you may be required to lodge a TPAR if you’ve paid contractors.

What Information Do You Need to Report?

Your TPAR must include:

• Contractor’s name

• Address

• ABN (if available)

• Total amount paid (including GST)

• Any GST paid

Most of this information can be pulled from your invoices or collected through contractor onboarding processes. Quality bookkeeping software can help you keep these records tidy and TPAR ready.

When is TPAR Due?

The TPAR is due each year on 28 August, covering payments made from 1 July to 30 June of the previous financial year.

Missing this deadline can lead to ATO penalties something no business needs.

Why TPAR Matters

Lodging your TPAR is more than just a tick-box task. It helps create a fairer business environment and shows your commitment to doing things right. The ATO uses it to reduce tax avoidance and ensure everyone is contributing their fair share.

Let Dynamic Bookkeeping Co Take the Stress Out of TPAR

We understand TPAR can be confusing or time consuming, especially when you're juggling all the other demands of your business. That’s where we come in.

Our expert bookkeeping team will:

• Assess whether you need to report

• Ensure contractor records are complete and accurate

• Prepare and lodge your TPAR on time

• Set you up with the right systems to make next year even easier

✅ Need to Lodge Your TPAR? Let’s Get It Done.

TPARs are due 28 August, and we’re here to make sure yours is submitted correctly without the stress.

📞 Call us today on 0413 212 768
📧 Email us at [email protected]
🌐 Visit www.dynamicbookkeepingco.com.au

Don’t risk penalties contact Dynamic Bookkeeping Co and take the hassle out of TPAR.

Disclaimer: The information provided in this blog is general in nature and is for informational purposes only. It does not constitute legal, tax, or financial advice. We recommend speaking with your registered agent or advisor to assess your specific circumstances.