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Paid any building and construction contractors?

A Word from the Small Business News Room

Do you need to lodge a Taxable payments annual report this year?

If your main business activity is in the building and construction industry and you paid contractors for building and construction services in the 2017-18 financial year, your report is due by 28 August 2018.

You can lodge your report:

  • online if you have compatible software

  • through your tax or BAS agent

  • by mailing us the completed form.

By reporting the payments you've made, you're helping to increase fairness within your industry.

Do you have any overdue reports? Lodge them as soon as possible.

If you're no longer in the building and construction industry or you didn't pay contractors for building and construction services in the 2017-18 financial year, let us know by submitting the online Taxable payments annual report - not required to lodge form.

Are you in the building and construction industry?

The building and construction industry covers a wide range of activities and services, including electrical, carpentry and plumbing services. Check the list of examples of building and construction services to see whether your business activity and the services you pay are included. There are more than 70 activities listed.

https://www.ato.gov.au/Newsroom/smallbusiness/General/Paid-any-building-and-construction-contractors-/?sbnews20180808

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