Don’t forget your taxable payments annual report is due by 28 August. This should include any payments you have made to contractors for building and construction services performed in relation to any part of a building, structure, works, surface or sub-surface. For a full list payments you need to report or to learn more go to:
https://www.ato.gov.au/Business/Building-and-construction/In-detail/Taxable-payments-reporting/Taxable-payments-reporting—building-and-construction-industry
Please contact Andrew Marshall or Janine Orpwood at Langley McKimmie Chartered Accountants on (03) 5427 8100 to discuss further.
We provide accounting and wealth management services to clients in Woodend, Gisborne and Macedon Ranges areas within Victoria Australia.