Payments (cash basis) made to subcontractors (not employees) for their labour need to reported to the ATO by 28th August if you operate in the construction, IT, cleaning, courier/delivery or security space.
Nothing to pay the ATO on this lodgement – just paperwork! (A bit like group certificates, but for subbies)
Here’s a summary of our Top 5 apps for trades
We’ve partnered with these apps, we reckon they are ace.
Ask us for a personalised demo if you’d like to know more.
NextMinute is a project management app for residential builders with up to 50 staff/subbies.
Why we love NextMinute: It has a natural data flow which minimises data entry! Ask us to arrange a demo.
Are you thinking about hiring an apprentice?
Are you across the federal and state government incentives available?
Are you having trouble keeping all the info you need about your business in your head?
Too many to dos?
No idea what the team is up to?
They don’t know what they should do next?
Using an app to store info for you and your team can remove the information overload and to do list overwhelm, is your brain 🤯 ready for extra support?
Ask us to help you select apps to make life easier.
The Optus debacle has reminded us that we need to do all we can do to protect the identity of our client and their staff.
The easiest place to start is not to send any sensitive info by email – if any part of the email chain gets hacked, that info could get into the wrong hands.
Sing out if you have any questions about how we can help you keep your employees top secret info out of the hands of baddies.
Be careful what you wish for!
Do you really know what you are getting yourself in for
It’s not for everyone!
Construction, IT and security businesses (and a few others) need to lodge Taxable Payments Annual Reports about their subcontractors.
If you haven’t already, please supply us with missing info and don’t forget to e-sign Monday is the deadline!
This is one ATO lodgement with nothing to pay!
If you have subbies, you may need to lodge a Taxable Payments Annual Report (TPAR) by 28th August.
Click through for more info on industries required to submit and ATO links
Are you aware of what business insurance you might need?
Click through for suggestions and links
