News & Tax Insights

Taxable payments reporting – expanded

Blog Post
New rules apply for the reporting of payments to suppliers by couriers and cleaners for the 2019 financial year and other industries such as information technology, security, surveillance and investigation for the 2020 financial year. Courier and cleaning companies will need to report in August 2019 for the first time. Information technology, security, surveillance and investigation companies will need to put in place systems now so that they are able to report in August 2020 for the first time.

CONSULTING ACCOUNTANTS . TAXATION SPECIALISTS . BUSINESS IMPROVEMENT