Taxable Payments Annual Report - Building & Construction
Businesses in the building and construction industry need to report the total payments they make to each contractor for building and construction services each year.
You need to report these payments to the Tax Office on the Taxable payments annual report by 28 August each year.
PAYG Withholding Annual Reports
You need to lodge a PAYG withholding report at the end of each financial year if your business withheld amounts from payments to:
2. non-residents (interest, dividend and royalty payments)
3. foreign residents
4. businesses that do not quote an ABN.
Read about obligations for PAYG withholding annual reporting
Due Dates for Lodging Tax Returns
As registered tax agents we have a special lodgment program and can lodge your returns after the usual 31 October deadline. The due date will also depend on your personal situation. Please contact us to discuss your options.
If you're using our services for the first time, you need to contact our office before 31 October to take advantage of our lodgment program due dates.
Lodging Prior Years' Tax Returns
If you haven't lodged a previous year's tax return, it's important to get up to date as soon as possible to avoid penalty.