Reportable Tax Payments

Some business in certain industries need to report to the ATO the payments made to contractors. The reporting is made in the taxable payments annual report and is due by 28 August each year.

The industries covered include:

• Building and construction services

• Cleaning services for contractor payments

• Courier services for contractor payments

• Road freight services for contractor payments

• Information technology (IT) services for contractor payments

• Security, investigation or surveillance services for contractor payments

The taxable payment reporting system will extend to ride sourcing and short-term accommodation from 1 July 2023 and to asset sharing, food delivery, task-based platforms and other platforms (other than marketplaces) from 1 July 2024.