On 9th May the Government announced that from 1 July 2018, taxable payments reporting system
will be extended for entities supply courier and cleaning services. They need to report payment
made to contractors if the payments are for courier and cleaning services. Contractors can be Sole
Trader(Individual), companies, partnership or trust.

Annual report need to be lodged on 28 August 2019. These payments must be reported to ATO each
year using the Taxable payment annual report. The purpose it to alien the courier and cleaning
industries with building and construction industry.

To know what you need to report or don’t need to report, please contact us on 08 9242 3555 or
email admin@businessmantra.com.au