Forum Discussion

user113's avatar
user113
Contributing User
27 days ago

Paying GST

I pay my GST in instalments. Do I just enter this via Spend Money tab? What is the notify ATO via TPAR checkbox for?

 

3 Replies

  • Julie_A_C's avatar
    Julie_A_C
    Ultimate Cover User
    21 days ago

    Hi user113​ 

    Yes it is for payments made to contractors in specific fields of work and the GST exclusive amount of their labour only.  Check the ATO site regularly as they add new occupations.  At present it is the construction industry, cleaner, couriers & road freight, IT and security, investigation or survellience.

  • user113's avatar
    user113
    Contributing User
    26 days ago

    Thank you Doreen. I assume this is for the sub-contractors paid annual report.

  • Doreen_P's avatar
    Doreen_P
    MYOB Moderator
    26 days ago

    Hey @11331759,

     

    You can record your GST instalments using Spend Money. The Notify ATO via TPAR checkbox is only for marking a supplier or payment as reportable so it appears in the Taxable Payments Annual Report that MYOB creates for ATO lodgement.

     

    Cheers,

    Doreen