New ATO reporting requirements have been put in place regarding you and your contractors.
Effected businesses in the Building & Construction Industry are required to keep track of and report the following details for each and every one of their contractors:
These reporting requirements have been put in place as of July 1 2012.
This requirement extends to all businesses in the Building & construction industries, The ATO have singled out over 70 different business types, so if you think this does not effect you, you may have to think again.
These industries include some of the following:
If you are concerned about exactly how you will have to report these payments, contact us at the office for more information.
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SWAN HILL OFFICE
14 Pritchard Street
Swan Hill VIC 3585
Phone:
03 5032 9422
Fax:
03 5032 9750
BALRANALD OFFICE
139 Market Street
Balranald NSW 2715
Phone:
03 5032 9422
Fax:
03 5032 9750
CHARLTON OFFICE
54 High Street
Charlton VIC 3525
Phone:
03 5032 9422
Fax:
03 5032 9750
BARHAM OFFICE
13 Mellool Street
Barham NSW 2732
Phone:
03 5032 9422
Fax:
03 5032 9750