Attention All Tradies!!!!!!

posted 1 Jul 2013, 04:45 by Dean Allan   [ updated 1 Jul 2013, 04:52 ]

If you work in the building and construction industry and are based in Australia, remember that today marked the start of the Australian Taxation Office's (ATO's) Taxable Payments Annual Report

What this means is that if you work in the building and construction industry and employ sub-contracted labour to assist you with your business you need to report how much you have paid these sub-contractors for the 2013 financial year. 

You can lodge this report online via the ATO's website, or you can also complete a paper based return (called a NAT 74109) and remember that this return has to be received at the ATO by the 21st of July 2013. 

There is a video that shows you how to lodge online, there are webinars that you can register for to learn more and there is also a paper based return that you can order from the ATO's website. 

We have already ordered a quantity of paper based returns and we expect to receive them in the next week or so, so if you would like us to help you complete this return, contact us and we will be happy to help.