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01 Jan 2018

Black Economy Taskforce: extension of the taxable payments reporting system to contractors in the courier and cleaning industries

On 9 May 2017 the Government announced that from 1 July 2018 businesses that supply courier or cleaning services will need to report payments made to contractors if the payments are for courier or cleaning services.

These payments must be reported to the ATO each year using the Taxable payments annual report.

Source : Australian Taxation Office