Taxable Reporting Tab

The Australian Tax Office (ATO) requires companies that are primarily in the building and construction industry to report on payments that are made to contractors for their services each year.

This tab is enabled if you select the Taxable Payment report required option on the Main tab of the AP Module Control form.

Options Reference

Each option and field on the form is described below. Mandatory options and fields are highlighted in red.

Contractor

Select this option if the supplier is a contractor and should be reported on the Taxable Payments report.

Individual

Select this option if the supplier is an individual. You must enter a first and last name.

First name

Enter the first name of the contractor.

Surname

Enter the last of the contractor.

Grant recipient

Select this option if the supplier is an entity receiving payments from a grant and to report the payments in the Taxable Payments report.

Grant name

Enter the name of the grant or the grant program from which the payee is receiving payments. This field is mandatory if you select the Grant recipient option.

Statement provided

Select this option if the payee has provided you with a Statement by a supplier form. The form indicates that the payee doesn't need to quote an ABN number, and why.

You can select this option for either a contractor or a grant recipient.