Expansion of the taxable payments reporting system to contractors in the road freight, security, investigation, surveillance and information technology (IT) industries

Consultation has concluded

On 9 May 2018, the Government announced that from 1 July 2019 businesses that supply road freight, security, investigation, surveillance, or IT services will need to report payments made to contractors if the payments are for road freight, security, investigation, surveillance or IT services.

Draft legislation for this measure has been released for public consultation on Treasury’s website. Consultation on the draft legislation closed on 17 August 2018.

The ATO has prepared a draft legislative instrument, and accompanying explanatory statement, that is based upon this draft legislation. The intention of the draft legislative instrument is to exempt businesses from needing to lodge a Taxable payments annual report where less than 10% of their relevant GST turnover is comprised of payments received for security, investigation, surveillance, or IT services.

The draft legislative instrument has been developed to provide compliance cost relief for businesses where security, investigation, surveillance or IT services only make up a small part of their overall activities. This is consistent with the proposed reporting exemption for businesses supplying courier or cleaning services in the Treasury Laws Amendment (Black Economy Taskforce Measures No. 1) Bill 2018, as well as the proposed reporting exemption for businesses supplying road freight services included in the draft legislation referred to above.

Download the draft legislative instrument (HTML or PDF versions) and accompanying explanatory statement (HTML or PDF versions).

The ATO has also prepared draft guidance of how the ATO is considering applying the proposed draft legislation to businesses in the road freight, security, investigation, surveillance, and IT industries. The purpose of this draft guidance is to facilitate consultation between the ATO and the community as part of the process of developing advice on the application of the tax law.

Download the draft guidance (HTML or PDF versions).

We are seeking your feedback on the draft legislative instrument, explanatory statement and guidance. Feedback ends on Friday 31 August, 2018. You can provide your comments via our confidential feedback form.

On 9 May 2018, the Government announced that from 1 July 2019 businesses that supply road freight, security, investigation, surveillance, or IT services will need to report payments made to contractors if the payments are for road freight, security, investigation, surveillance or IT services.

Draft legislation for this measure has been released for public consultation on Treasury’s website. Consultation on the draft legislation closed on 17 August 2018.

The ATO has prepared a draft legislative instrument, and accompanying explanatory statement, that is based upon this draft legislation. The intention of the draft legislative instrument is to exempt businesses from needing to lodge a Taxable payments annual report where less than 10% of their relevant GST turnover is comprised of payments received for security, investigation, surveillance, or IT services.

The draft legislative instrument has been developed to provide compliance cost relief for businesses where security, investigation, surveillance or IT services only make up a small part of their overall activities. This is consistent with the proposed reporting exemption for businesses supplying courier or cleaning services in the Treasury Laws Amendment (Black Economy Taskforce Measures No. 1) Bill 2018, as well as the proposed reporting exemption for businesses supplying road freight services included in the draft legislation referred to above.

Download the draft legislative instrument (HTML or PDF versions) and accompanying explanatory statement (HTML or PDF versions).

The ATO has also prepared draft guidance of how the ATO is considering applying the proposed draft legislation to businesses in the road freight, security, investigation, surveillance, and IT industries. The purpose of this draft guidance is to facilitate consultation between the ATO and the community as part of the process of developing advice on the application of the tax law.

Download the draft guidance (HTML or PDF versions).

We are seeking your feedback on the draft legislative instrument, explanatory statement and guidance. Feedback ends on Friday 31 August, 2018. You can provide your comments via our confidential feedback form.

  • CLOSED: This survey has concluded.

    TPRS IT, Security and Road freight

    We are seeking your feedback on the draft legislative instrument (HTML or PDF versions), explanatory statement (HTML or PDF versions) and guidance (HTML or PDFversions).

    Feedback ends on Friday 31 August, 2018. You can provide your comments via our confidential feedback form

    Note:

    • To ensure that your feedback is provided do not close your browser until you submit this form.
    • If you would like to upload your response as a document please use the 'file upload' feature.

    We are seeking your feedback on the draft legislative instrument (HTML or PDF versions), explanatory statement (HTML or PDF versions) and guidance (HTML or PDFversions).

    Feedback ends on Friday 31 August, 2018. You can provide your comments via our confidential feedback form

    Note:

    • To ensure that your feedback is provided do not close your browser until you submit this form.
    • If you would like to upload your response as a document please use the 'file upload' feature.
    Consultation has concluded