11/08/2026
Many businesses in the construction, property and contractor-based industries make simple reporting mistakes that can lead to significant ATO penalties.
Our latest article outlines some of the most common TPAR errors, including:
โข Misclassifying contractor payments
โข Reporting only the labour component of mixed invoices
โข Failing to verify contractor ABNs
โข Late or incorrect lodgements
With the ATO increasing its focus on compliance, now is the time to review your records and ensure your reporting is accurate before the deadline.
Read the full article: https://bit.ly/4pOQ1ht
Avoid costly TPAR reporting mistakes before the 28 August deadline. Learn how to correctly report contractor payments, verify ABNs, avoid ATO penalties, and ensure taxable payments annual report compliance for construction, property and service businesses.