user113
27 days agoContributing User
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?
I pay my GST in instalments. Do I just enter this via Spend Money tab? What is the notify ATO via TPAR checkbox for?
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.
Thank you Doreen. I assume this is for the sub-contractors paid annual report.
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
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